FM:Systems - M&A Summary, Ownership, and Business Overview

SoftwareCompany

FM:Systems M&A Summary

FM:Systems has acquired 3 companies of its own, including 3 in the last 5 years.

FM:Systems’ largest acquisition to date was in 2019, when it acquired Asure Software - Workspace Management for $120M. FM:Systems has acquired in 2 different US states, and 2 countries. The Company’s most targeted sectors include software (67%) and information technology (34%).

FM:Systems Ownership

Who owns FM:Systems?

FM:Systems is owned by Johnson Controls. It was acquired on July 17, 2023.

Was FM:Systems formerly PE-backed?

Yes. FM:Systems was formerly owned by 1 private investor.

FM:Systems Business Overview

Where is FM:Systems headquartered?

FM:Systems is headquartered in Raleigh, North Carolina.

What sector is FM:Systems in?

FM:Systems is a software company.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity3
  • Total Sectors Invested 2
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 1

FM:Systems

FM:Systems, Inc.

2301 Sugar Bush Road, Suite 500,
Raleigh, North Carolina 27612
United States,
(800) 648-8030
www.fmsystems.com

FM:Systems is a provider of Integrated Workplace Management Systems (IWMS) and Computer-Aided Facility Management (CAFM) software. FM:Systems’ over 300 blue-chip customer base spans six continents and a diverse range of industries, including healthcare, higher education, technology, manufacturing, retail, banking and the public sector. FM:Systems is headquartered in Raleigh, North Carolina, and conducts business throughout the Americas, Africa, Europe and Asia Pacific.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 2 - 1 - - - 3
vol $120M $120M
Sell (0.0/yr) # - - - - - - 0
  3

Most Recent M&A

Company Date Value Type
WizzPass 2021-06-23 - Add-on Acquisition
Johannesburg, South Africa · www.wizzpass.com
Asure Software, Inc. - Workspace Management 2019-10-07 120M USD Divestiture
Austin, Texas
Rifiniti, Inc. 2019-07-10 - Add-on Acquisition
Boston, Massachusetts · www.rifiniti.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Software 2 (67%) 120M (100%) - -
Information Technology 1 (33%) - - -
Total 3 $120M - -

By Geo

State/Country Buy Value Sell Value
United States 2 120M - -
  Texas 1 120M - -
  Massachusetts 1 - - -
South Africa 1 - - -
Domestic 2 (67%) 120M (100%) - -
Cross-border 1 (33%) - - -
Total 3 $120M - -

Deal Values

buy # Total
$100M to $1B 1 $120M
TOTAL $120M
Largest Asure Software, Inc. - Workspace Management
$120M (2019-10-07)

M&A Connections

Deals
Acquired from
Strategic(s)
33%
1 (33%)

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