WorkWave a provider of SaaS solutions that support every stage of a service business’s life cycle, has signed an agreement to purchase TEAM Software, a global provider of software and solutions for cleaning, janitorial, security, and facilities management service providers.
Much like WorkWave’s recent acquisition of Real Green, a provider of software and marketing solutions for the lawn care, landscaping, arbor care, and pest control industries, the acquisition of TEAM Software marks another rare moment where market leaders are coming together to create something unique. Combined, WorkWave and TEAM Software bring well over 100 years of experience partnering with the best service providers in the world, allowing WorkWave to offer the broadest and most complete set of solutions that empower service companies to grow their business, improve profitability, and beat their competition.
In addition to its position in the pest control and green industry verticals, the acquisition of of TEAM Software and its enterprise-level solutions will enable WorkWave to become a leading software provider in the commercial cleaning, janitorial, facilities management, and security service industries.
TEAM will also expand WorkWave’s presence in key international markets, creating a local presence in EMEA and APAC that supports WorkWave’s increased footprint overseas.
David F. Giannetto, CEO of WorkWave, commented: “This acquisition marks a major step forward in the execution of WorkWave’s strategy to push into new markets, while leveraging our proven track record of helping our customers provide superior service and build fast-growing and highly profitable companies.
“We are thrilled to be joining forces with TEAM to deliver on our shared commitment to provide the greatest value to our entire customer base.”
Darren Roos, chairperson of the board at WorkWave said: “With the acquisition of proven brands such as Real Green, Slingshot, Coalmarch, and TEAM Software, WorkWave now stands alone as the premier provider of the broadest set of SaaS software and solutions supporting the widest range of service industries. WorkWave has a proven track record of delivering customers value, so empowering more customers, across more geographies, with more industry-specific solutions, adds fuel to the company’s continued growth.”
John Leiferman, CEO of TEAM Software added: “We are thrilled to join an industry leader like WorkWave, who has proven service-industry expertise along with a commitment to supporting customer growth through powerful solutions and exceptional service. WorkWave’s mission and approach mirror how we think and operate, as well. Together, we can provide more value-driven innovation to the industries we support through our greater combination of world-class tools, expertise, and experience.”
The acquisition is expected to close at the end of September.
As workplaces open up and restrictions lift the role of the FM has become more important than ever.
The challenges presented by the Covid-19 pandemic are now providing a valuable opportunity for FMs to demonstrate their skills and adaptability. Whilst on a practical level FMs are responsible for making buildings safe and comfortable, they are also crucial in attracting people back to the office.
In speaking with industry leaders, it is clear that there are six key areas of focus. Zip has published a white paper which looks at each one, suggesting ways that facilities managers can tackle the complexities and pace of a return to the workplace, whilst demonstrating clear and effective leadership along the way.
To find out more download the white paper here.