Archibus + Serraview Buys SpaceIQ

Archibus + Serraview, a Boston, Massachusetts-based provider of software for optimizing workplaces and facilities, acquired SpaceIO, a provider of workplace digital transformation company.

Growth equity firm JMI Equity backed the acquisition, whose amount was not disclosed.

The acquisition is part of Archibus + Serraview’s strategy to strengthen its position as a global leader in the workplace management space.

Founded in 2016, SpaceIQ provides mid-market companies with tools to access data across the entire enterprise that optimize space use, meeting room coordination, workplace moves, and asset management.

Led by Wain Kellum, CEO, Archibus + Serraview serves thousands of customers worldwide with software that manages a wide array of real estate needs—from automating space bookings to re-organizing vast property portfolios. The solution is designed to provide a complete view of workplace performance that helps optimize environments, identify immediate inefficiencies, and address long-term trends for improved ROI.

The company serves over 1,000 customers around the globe.

FinSMEs

16/05/2020

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