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M&A Deal Summary

FM:Systems Acquires WizzPass

On June 23, 2021, FM:Systems acquired software company WizzPass

Acquisition Highlights
  • This is FM:Systems’ 2nd transaction in the Software sector.
  • This is FM:Systems’ 1st transaction in South Africa.

M&A Deal Summary
Date 2021-06-23
Target WizzPass
Sector Software
Buyer(s) FM:Systems
Deal Type Add-on Acquisition

Target

WizzPass

Johannesburg, South Africa
WizzPass provides a variety of visitor management, parcel management, Covid-19 screening, and workspace reservation solutions for corporate offices, industrial & manufacturing facilities, and multi-tenant office buildings and office parks. The WizzPass Visitor Management System revolutionizes the experience, convenience, security, and safety of visitors to offices to create a much-improved environment and way that businesses, visitors, contractors, employees, and clients interact. WizzPass was founded in 2015 and is based in Johannesburg, South Africa.

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Buyer(S) 1

Buyer

FM:Systems

Raleigh, North Carolina, United States
Category Company
Sector Software
DESCRIPTION

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.

DEAL STATS #
Overall 3 of 3
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: South Africa M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-07 Asure Software - Workspace Management

Austin, Texas, United States

Asure Software, Inc.'s Workspace Management business offers software to help businesses manage space.

Buy $120M
Mergr

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