Accruent Strengthens Leadership for Next Chapter of Growth

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Accruent Strengthens Leadership for Next Chapter of Growth

New Chief Technology Officer, David McCann; John Borgerding now CEO

Austin, TX – August 24, 2016 – Accruent, the world’s largest provider of asset, facilities and real estate management solutions, today announced its new chief technology officer, David McCann, as well as the promotion of John Borgerding to chief executive officer. Mark Friedman, founder and former CEO, will serve as chairman of the board.

John Borgerding joined Accruent in January as president. As CEO, he will continue to lead operations and drive the mission of the company. John has over 20 years of technology experience including his most recent positions as president and COO of Websense, CEO of SumTotal Systems and EVP of global services for Ventyx. As chairman of the board, Mark Friedman will continue to work closely with John on setting the vision and strategy of the business.

As chief technology officer, David will lead Accruent’s engineering, product, support and technology teams.

“I’m thrilled to be part of a company that’s embarking on a new period of innovation and growth,” said David McCann, CTO, Accruent. “Real estate and facilities are strategic drivers in organizations and Accruent is well positioned to continue its leadership in the market for many years to come.”

David brings nearly two decades of technology experience directing enterprise product, engineering, services and support organizations, and has successfully led technology teams at high-growth companies. Previously, David was the CTO of CLEAResult where he was instrumental in the rapid growth of the company both organically and via acquisition, unifying the technology product strategy and positioning the company for further growth as the leader in the energy efficiency space. Prior to that, he co-founded and was CTO of Bloomfire, and served as vice president of global technical services at LifeSize Communications.

“David is the ideal executive to lead our technology efforts,” said John Borgerding, CEO, Accruent. “He has a proven track record delivering innovation at companies like Accruent that grow both organically and through acquisitions.”

“In reflecting on the milestone of our recent 20-year anniversary, I couldn’t be more pleased with the progress Accruent has made in defining and leading the real estate and facilities software industry,” said Mark Friedman, chairman of the board, Accruent. “The addition of world-class talent like John and David is very exciting as we begin the next chapter in advancing our products and scaling the company internationally.”

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About Accruent

Accruent helps real estate, asset 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 5,400 leading organizations worldwide, including 40 of the top 100 retailers, 20 percent of the Fortune 500, 40 percent of leading universities, all 4 of the top U.S. wireless carriers, 55 percent of U.S. hospitals as well as leading service providers managing more than four billion square feet of property. Founded in 1995, Accruent is headquartered in Austin with U.S. offices in Los Angeles, Evanston and Boston. Outside of the U.S., Accruent has offices in Burnaby, B.C.; Calgary, Alta.; Vaughan, Ont.; Reading, U.K.; Hyderabad, India and Hong Kong.

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