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New Deal


Announced

Completed

Allegion completed the acquisition of plano.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Germany

Single Bidder

Software

Majority

Private

software-as-a-service

Cross Border

Completed

Synopsis

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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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