Planon has acquired a majority share position in Australia and New Zealand 
based SPM Assets - extending its partner ecosystem and geographical reach while 
strengthening SPM Assets’ property portfolio offering

Today, Planon, the leading global provider of smart sustainable building 
management software 
[https://planonsoftware.com/uk/?utm_source=wire&utm_medium=press-release&utm_cam
paign=uk-press-release-planon-acquires-majority-stake-in-spm-assets ] and SPM 
Assets announced that Planon has acquired a majority share in SPM Assets, 
headquartered in Auckland, New Zealand. SPM Assets is the industry-leading 
provider of specialised asset management services and software 
[https://www.spmassets.com/?utm_campaign=planon-announcement&utm_source=plan-on&
utm_medium=press-release ] in Australia and New Zealand for owners and managers 
of building portfolios. The strategic partnership will allow Planon to expand 
its geographical reach and partner ecosystem, and enable SPM Assets to provide 
an extended offering to customers who need a fully connected smart solution.

Pierre Guelen, founder and CEO of Planon Group commented, '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 
[https://planonsoftware.com/uk/partners/?utm_source=wire&utm_medium=press-releas
e&utm_campaign=uk-press-release-planon-acquires-majority-stake-in-spm-assets ] 
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, added, '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.' 

SOURCE: Planon