IFS to acquire Copperleaf

Acquisitions

Summary

Customers will have access to advanced Industrial AI-powered software to manage every element of the assets that are so crucial to their business - across their lifecycle - in order to drive efficiency and effectiveness in their operations. Over two trillion dollars of physical and digital assets around the world are managed using Copperleaf software, which provides data and insights to help customers optimize decisions on where and when to invest in their business. We combine two companies built on the same principles: world class innovative technology with unrivalled time to value, asset and industry expertise delivering exceptional ROI, and organizational cultures that have always put the customer at the center of everything they do." Our next phase of growth as part of IFS will enable us to accelerate even faster, and offer customers even greater capabilities, thanks to shared values and a commitment to delivering the most advanced and commercially impactful software asset-owners could need." Amos Michelson, outgoing Chair of Copperleaf, also added: "The acquisition is recognition of the investments, and many years of hard work, that have been put into making the business the success it is today.

Classifications

industries
Services
applications
Facilities Management

AskAI Classifications

Labels
Enterprise Software Enterprise Resource Planning (ERP) Enterprise Asset Management (EAM)

Linked Companies

IFS
$250M to $500M