Software investment firm, Thoma Bravo, has announced the merger of Condeco, a global provider of workspace scheduling software, and iOffice + SpaceIQ, a global workplace and asset management company, to create Eptura.
According to Thoma Bravo the strategic combination creates a “global worktech leader” that provides software solutions to power the modern workplace.
The modern workplace is rapidly evolving, and businesses are demanding new worktech solutions that make adapting to the future of work easier for everyone. With a total addressable market of £22 billion, Eptura’s combined solutions bring the collective knowledge, depth of experience and comprehensive portfolio of more than nine products together to meet the challenges of the global workplace with a unified technology experience.
The combined company’s new brand reflects its “unique ability” to strategically respond to the dynamic needs of the modern employer and hybrid workplace. Eptura stands for ‘the epicentre of the future at work’, underscoring the company’s ability to accelerate the development of new worktech solutions and enhance the user experience.
Headquartered in Atlanta, Georgia, and with large regional offices in London, UK, and Melbourne, Australia, Eptura has over 1,000 employees across the globe, 16.3 million users and a customer base spanning more than 16,000 of the world’s leading companies.
Brandon Holden, CEO of iOffice + SpaceIQ, will serve as CEO of Eptura. Paul Statham, Founder & CEO of Condeco, joins Eptura’s board of directors and will continue working with Thoma Bravo.
Holden commented: “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. 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.”
FMJ, in partnership with PlanRadar, is pleased to bring together a panel of experts to discuss achieving ESG using the power of digitisation.
According to the Environmental Audit Committee (EAC) the UK’s built environment is responsible for 25 per cent of the UK’s greenhouse gas emissions, and a large proportion of the commercial stock in the UK requires further investment to become environmentally sustainable. With climate deadlines looming, urgent action is needed.
The pandemic taught us the importance of utilising digital technology to protect people. FMs are now aware of the use of accurate data to help manage assets as well as occupants, by streamlining maintenance programmes, monitoring building assets performance and measuring the amount of energy being used.
FMs have a key role in meeting ESG goals, which include:
* Environment: Meeting sustainability goals, including net zero targets, waste reduction and recycling
* Social: Maintaining health and safety, delivering social value, equality and diversity, duty of care and investment in skills
* Governance: Compliance with all regulatory requirements and legislation, and reducing errors by the use of robust data processes.
The webinar will take place on the 11th October at 11am.
Register for the webinar here.
If you are unable to attend please register and we will send through a recording of the event post webinar.