Announced
Completed
Financials
Tags
Acquisition
Friendly
Germany
Single Bidder
Software
Majority
Private
software-as-a-service
Cross Border
Completed
Synopsis
Allegion, a security products and solutions provider, completed the acquisition of plano, a software-as-a-service workforce management solution. Financial terms are not disclosed. “This acquisition is a natural evolution for plano, providing important capital, scale and demand generation resources. Our longstanding relationship with Interflex will support an efficient transition that benefits our customers and builds on our mutual reputations of both quality and excellence," Robert Schüler, plano Founder.
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