Planon, a global software provider, completed the acquisition of a majority stake in Reasult, a software company that optimizes the financial performance of real estate portfolios and projects. Financial terms were not disclosed. "This acquisition is one of the first steps in Planon's ambitious goals to accelerate its future growth. Planon firmly believes in the strength of Reasult's solutions and its organization, both from a technical perspective and due to its extensive market knowledge and experience. It is therefore Planon's plan to continue to expand the Reasult software suite, as it has done with previously acquired solutions such as SamFM and conjectFM. I am very excited about this acquisition and the possibilities it will offer to customers of both organizations to further develop their current solutions into an end-to-end property portfolio management solution," Pierre Guelen, Planon Group CEO and founder.