TEAM Software to be Acquired by WorkWave
WorkWave is to purchase TEAM Software, in a deal that's expected to close at the end of September. With the addition of TEAM Software, the provider of...
Read Full ArticleTwo workplace technology businesses have combined to create a software solutions brand with over 16.3 million users and a customer base spanning more than 16,000 global companies.
The new business, named Eptura, is headquartered in Atlanta, Georgia, with regional offices in London and Melbourne, employing over 1,000 people globally.
In the deal announced by private equity firm Thoma Bravo, Brandon Holden, CEO of iOffice + SpaceIQ, will serve as CEO, whilst Paul Statham, Founder & CEO of Condeco will join Eptura’s board of directors.
Condeco provides workplace scheduling software, whilst iOffice + SpaceIQ offers smart platforms for managing corporate real estate, physical assets, and workplace experience.
With a total addressable market of £22 billion, it is predicted that Eptura’s comprehensive portfolio of more than nine products will assist companies in meeting the challenges of the modern workforce.
“With the proliferation of hybrid work, there is an unmet need for technology solutions that enable businesses to adapt to the changing needs of the workplace,” said Brandon Holden, CEO of Eptura. “By combining the power of our expertise and products, Eptura provides a comprehensive solution for business leaders who recognise the importance of keeping people at the centre of the workplace of the future. I couldn’t be more excited to lead Eptura as we deliver on our mission to empower the workplace of tomorrow.”
Picture: a photograph of two people in discussion sitting opposite each other at a table. Image Credit: Pexels
Article written by Ella Tansley | Published 04 October 2022
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