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iOffice Acquires Asset Maintenance Management Software Provider Hippo CMMS
Friday 08 November 2019

8 November 2019 - US-based digital workplace experience solutions iOffice has acquired Canadian asset and preventative maintenance management software provider Hippo CMMS, the company said.
This move further broadens the scope of iOffice's intelligent cloud-based solutions and expands its digital technology suite to meet the entirety of its customers' needs for managing the workplace and workforce of tomorrow.
iOffice's acquisition of the Hippo CMMS reinforces its commitment to helping organizations strengthen their investment of their physical assets, drive positive business decisions through data-driven solutions, and continue to simplify and enhance the employee experience.
Founded in 2004 in Winnipeg, Canada, Hippo CMMS has since become a leader in the asset management industry and provides maintenance management software solutions that appeal to any size business.
Hippo serves more than 1,200 customers with over 32,000 active users across multiple industries, including Rolls-Royce, the Los Angeles Clippers and Planet Fitness.
Their software provides essential features that help facility leaders manage, organize and track their maintenance operations.
Since the acquisition of iOffice by Waud Capital, iOffice has seen significant growth with its workplace software solutions.
The acquisition of Hippo will continue to support that growth and will enable iOffice's corporate customers to address their expanding workplace, workforce and asset maintenance needs from one cloud-based application.
iOffice provides enterprise workplace leaders with the SaaS platform, mobile tools and analytics to simplify facility management, empower employees and increase workplace productivity.
The iOffice platform effortlessly connects to Hummingbird, the number 1 suite of employee-centric digital workplace solutions, and to the iOffice Marketplace, a vetted collection of critical workplace application partners.
This allows organisations to optimize their workplace while streamlining their technology stack.
Date Published: 08/11/2019
Target: Hippo CMMS
Country: Canada
Sector: Computer Software
Type: Corporate acquisition
Status: Closed
Buyer: iOffice
Terms of the deal were not disclosed