Accruent Celebrates 20 Years as Leader in Real Estate and Facilities Management Solutions
CEO Mark Friedman Thanks Customers and Employees for Decades of Success
AUSTIN, Texas—September 28, 2015—Accruent, the leader in real estate and facilities management solutions, celebrates 20 years of providing software and services that deliver best-in-class operational and financial performance. From watching your favorite university’s sports team compete at a stadium, to catching up with friends at a coffee shop, to sharing a video on your mobile device – Accruent’s software and services influence the lives of millions of people across the globe every day.
A few accolades from customers include:
Congratulations Accruent – we look forward to the next chapter of growth and innovation. – Edward Wagoner, Chief Information Officer, JLL Americas
Having been valued partners to The Home Depot for over ten years, Accruent and Expesite have greatly enhanced our lease administration and project management capabilities. – Mike LaFerle, Vice President, Real Estate, The Home Depot
I am amazed at what Accruent has been able to accomplish over the past 20 years. Their products allow university facilities management organizations to directly enhance the teaching and research experiences for students and faculty every day. – Steve Kraal, retired Senior AVP of Facilities, University of Texas at Austin
Accruent was founded in 1995 by Mark Friedman, CEO, in the basement of his California home with no co-founders or financial backing. At that time, Friedman had the belief that software could transform the way organizations manage their real estate. Today, as the largest independent provider of real estate and facilities software and services, the company has over 4,300 customers and 600 employees in over 120 countries. And the company continues to show financial strength: Since 2013, when Accruent received a majority investment from leading global growth private equity firm, TA Associates, revenue has grown by over 95 percent.
“We set out to help companies manage their second largest expense – their real estate – more effectively,” said Mark Friedman, CEO of Accruent. “Our customers have partnered with us to pioneer and define an innovative category of software that changes their organizations and touches everything around us. And, our team is passionate about making a difference. Our successes have taken us further than we could have imagined, and the biggest benefit of that success comes in terms of value being realized by our customers.”
Financial success and industry leadership would not be possible without the dedication of its customers and employees. To share its commitment of giving back to the community, Accruent will make a donation to charity on behalf of each customer that wishes to participate. Accruent will commemorate the milestone with company events and customer recognition.
Accruent helps real estate and facilities leaders deliver long-term, world-class operational and financial performance through industry-specific suites that deliver greater customer value. Accruent’s solutions are at work in more than 4,400 leading organizations worldwide, including 40 percent of the top 100 retailers, 20 percent of the Fortune 500, 40 percent of the leading universities, all of the top 4 U.S. wireless carriers, 40 percent of U.S. hospitals, and leading service providers managing more than 4 billion square feet of property. Founded in 1995, Accruent is headquartered in Austin with offices in Santa Monica, Evanston, Columbus, Pittsburgh, Boston, Vancouver and Hong Kong.