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Announced

Aquicore to acquire Blackstone-backed Entic.

Synopsis

Aquicore, a commercial real estate software company, agreed to acquire Entic, a prescriptive analytics solution provider. With the acquisition, Aquicore begins to consolidate the fragmented property technology market. Financial terms were not disclosed. “I couldn’t be more excited about the merging of these two teams. Together, we will propel the proptech industry forward, giving the commercial real estate industry a powerful solution unlike any it’s ever seen. When experts look back at the evolution of this market, the combining of Aquicore and Entic will be a milestone,” said Aquicore Founder and CEO Logan Soya.

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