Through one of its subsidiaries, Allegion has signed an agreement to acquire plano.group, better known as plano, the provider of a software-as-a-service (SaaS) workforce management solution.
Robert Schüler (left), leader of plano, and Bernhard Sommer (right), Managing Director of Interflex
Based in Germany, plano has been a long-time service provider and development partner for Allegion’s leading European workforce management brand, Interflex, and its SP-EXPERT software platform. Following the close of the acquisition, plano will continue to serve advanced workforce management (AWFM) customers as part of the Interflex portfolio.
Interflex General Manager Bernhard Sommer said this acquisition will accelerate seamless access, driving expansion of Interflex and its AWFM business with new capabilities in SaaS models and recurring revenue solutions.
“This strategic acquisition represents a significant expansion of our position as a market leader in workforce management while underscoring our commitment to growth and meeting customer needs through investment in software solutions,” Sommer said.
“It will add mobile-first software engineering talent to our business, while deepening our presence in attractive end-user markets like healthcare, banking and insurance, call centres, retail and municipal government services. At the same time, it will fuel expansion for the plano software platform and offer a broader suite of services to both plano and Interflex customers.”
The founder of the plano business, Robert Schüler, will also join Interflex.
“This acquisition will be a natural evolution for plano, providing important capital, scale and demand generation resources,” Schüler said. “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.”
The deal is expected to complete in quarter one of 2023. The agreement to acquire plano follows another recent investment in Interflex’s AWFM business – Allegion’s 2021 acquisition of assets of Astrum Benelux B.V. (Belgium) and WorkforceIT B.V. (the Netherlands).
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