Planon acquires real estate software company COOR

NIJMEGEN, Netherlands, January 12, 2022 /PRNewswire/ — Planon, market leader in intelligent building management software, today announced the completion of its acquisition of COOR GmbH, an international group specializing in the development and implementation of software solutions for property owners and developers. COOR was founded in 1995 and is based in Salzburg, Austria. With this acquisition, Planon completes its offer of cost control and financial optimization on European markets.

COOR’s intelligent project control software for the real estate (RE) industry is designed to plan, control and forecast the evolution of costs and revenues for all involved stakeholders at all phases – at the contract level , as well as at the project and portfolio level. COOR offers mobility, inter-company collaboration, networking with enterprise solutions such as ERP, EDM or BI, and centralized information management.

Pierre Guelen, CEO and Founder of the Planon Group, said: “We are very happy to welcome COOR to Planon. COOR will be a valuable addition, both to the Reasult RE portfolio and to the project management software suite we acquired in January 2021 and our comprehensive Planon property management solutions. The combination will provide clients with solid, best-in-class opportunities to solve their real estate challenges at every phase of the building lifecycle and at all levels of maturity and complexity. We will continue to develop the functionality of COOR, as we have done with previously acquired solutions such as Reasult, SamFM and conjectFM.

Gerhard Sendlhofer, CEO and Founder of COOR, expressed his enthusiasm for the deal. “Joining the fast-growing Planon global group will provide a solid foundation for the further growth and development of our company and our software suite. Our solutions complement Reasult and Planon’s current offering, driving synergy and enabling us to continue to deliver innovative products, services and value to property owners and developers. It will help them realize their ambitious projects while maintaining a complete and timely overview of project status and relevant information for decision-making at all times.

SOURCEPlanon


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