Private Equity Portfolio
Real estate performance management solutions to manage the real estate and facilities lifecycle, including site selection, lease administration and maintenance for stores, branches, corporate offices, and educational facilities.
Since 1995, Accruent, LLC has helped real estate and facilities leaders deliver long term, best in class, operational, and financial performance through purpose-built industry suites that deliver greater customer value. Accruent’s six product brands, Accruent, FAMIS, Siterra, 360Facility, Evoco, and Expesite, are used by more than 1,000 leading organizations. These include nearly 45% of the Top 100 Retailers, 20% of the Fortune 500, 100 leading universities, all of the Top 5 Wireless Carriers, and leading service providers managing more than 1.5 billion square feet of property.
Accruent is headquartered in Austin, TX and has offices in Santa Monica, CA, Evanston, IL, Calgary, AB, Canada, and Columbus, OH.
Vista Foundation Fund I completed a buyout of Accruent in December 2009.
TA Associates purchased a majority interest in the Company in November 2013.
Genstar Capital acquired the Company from TA Associates and Vista in May 2016.
Mainspring Healthcare Solutions is a leading provider of software and technology solutions to support services departments in U.S. hospitals. In addition to its computerized maintenance management solution (CMMS), Mainspring offers technology to address operational challenges across the hospital. Mainspring, which has served the healthcare market for nearly 25 years, will extend Accruent’s suite of purpose-built healthcare solutions into hospital service departments to drive efficiencies in operations.
Accruent acquired Mainspring Healthcare Solutions in April 2016.
VFA, based in Boston, MA, is the leading provider of end-to-end solutions for facilities capital planning and asset management. VFA’s cloud software solutions and consulting services enable customers to assess their real estate portfolios, allocate capital, and make better decisions to support their organizations’ mission and strategy. VFA serves over 600 government, education, healthcare, and corporate customers from its offices in the United States, Canada, and the United Kingdom.
Accruent acquired VFA in November 2014.
Four Rivers Software Systems, Inc., based in Pittsburgh, PA, is a leading provider of maintenance management software and computer-aided facilities management (CAFM) solutions for the healthcare industry. Founded in 1990, Four Rivers Software serves more than 2,100 facilities, including many world-renowned hospitals and enables increased productivity and profitability through the Company’s experience in understanding and meeting healthcare-specific challenges.
Accruent acquired Four Rivers in August 2014.
SiteFM, headquartered in Austin, TX, enables healthcare facilities to manage the environment of care with solutions that increase productivity and reduce the burden of regulatory compliance. SiteFM’s work order (CMMS), space/life safety drawing management, and asset monitoring/tracking applications result in unprecedented utilization of assets and resources. SiteFM enables managers at more than 400 healthcare facilities to take control of their maintenance and operations, and prepare for facility audits and inspections.
Accruent acquired SiteFM in August 2014
A Software as a Service (SaaS) company, Expesite provides a collaborative software platform for real estate development, construction, and facilities management through its suite of Vision products. Since 1999, Expesite has helped clients maximize the productivity of real estate assets, efficiently manage projects, and cost-effectively maintain facilities. Headquartered in Columbus, Ohio, Expesite maintains global offices and serves some of the largest retailers, chain restaurants, financial institutions, educational facilities, healthcare facilities, and government agencies in the world.
Accruent acquired Expesite in January 2013.
Established in 1999, Evoco enables multi-location businesses to manage their design and construction programs with construction project management software. Evoco’s collaborative, cloud-based suite integrates with leading enterprise systems to streamline and automate business processes including construction bidding, change order management, document management, invoicing, and construction and facility inspections, such as SWPPP and Facility Condition Assessments.
Accruent acquired Evoco in December 2012.
360Facility is a leading SaaS-based facilities management solution company with a large and diverse customer base, highly-capable and easily-installed products, and a leadership position in important market segments. 360Facility solutions cover the full spectrum of facilities operations, including property management, maintenance and asset management, emergency preparedness, and incident management. 360Facility has an impressive customer base, highly-capable and easily-installed products, and a leadership position in important market segments.
Accruent acquired 360Facility in December 2011.
Siterra provides SaaS software to assist companies in managing the life cycle of site-specific assets for companies with a large number of real estate sites or other operating assets (e.g., cell tower sites, retail stores, wind/solar farms, or billboards). Siterra caters to Wireless, Corporate Real Estate, Retail, and Renewable Energy clients.
Accruent acquired Siterra in March 2011.