Planon has taken a majority shareholding in SPM Assets, an Aukland based provider of specialised asset management services and software in Australia and New Zealand for owners and managers of building portfolios.
The acquisition heralds the start of a new partnership that will allow Planon to expand its geographical reach and partner ecosystem whilst providing SPM Assets with an expanded offering for customers who need a fully connected smart solution.
SPM Assets specialises in strategic asset management planning for large building portfolios by providing software that enables asset and facility managers to assess, analyse and plan, and also by providing asset management services to help organisations build a better understanding of their physical assets and capital project planning. The company has been in operation for over two decades.
Pierre Guelen, Planon Group founder and CEO, comments: “We are very pleased with this strategic partnership with SPM Assets. Its proactive property lifecycle asset management solution is best practice for the commonwealth countries and will be a valuable addition to Planon’s partner ecosystem of specialised applications, connecting products and features that bring additional value and complement the Planon software.
“Moreover, our strong cultural fit ensures that both current and new Planon and SPM Assets customers in Australasia can continue to benefit from best-in-class real estate management solutions that fit their needs and deliver better outcomes for their stakeholders.”
Steve Lyons, CEO and co-founder of SPM Assets, adds: “Including Planon as a major investor in SPM Assets just makes sense. We are bringing together the leading enterprise software for smart sustainable buildings, with the best buildings asset management planning solution. We have always believed that the future will be based on the best connected cloud-based applications working together seamlessly.
“Planon’s open platform enables this, and now with our partnership, we jointly provide the opportunity for our customers and our people to live this vision and make asset management work better.”