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Accruent Acquires BlueCielo, Accelerates European Expansion

Transaction Enhances Lifecycle Management of Physical Resources

AUSTIN, TX, November 7, 2017 – Accruent, the world’s leading provider of software and services that enable organizations to manage the full lifecycle of their physical resources, has acquired Amsterdam-based BlueCielo, a global advanced Asset Lifecycle Information Management (ALIM) provider.

BlueCielo’s Meridian solutions manage engineering information throughout asset lifecycles, connecting maintenance with engineering, supporting concurrent engineering for facility modifications and improving data handover. More than 1,200 companies around the world depend on BlueCielo Meridian solutions to ensure compliance, control costs, improve safety, protect their brand reputation and extend the lifespans of decades-old assets.

“BlueCielo increases Accruent’s depth and breadth by adding engineering information management to our portfolio of innovative physical resource management solutions,” said John Borgerding, CEO of Accruent. “This acquisition adds a complementary best-of-breed solution to our portfolio, and it establishes a new strategic growth platform with a strong geographic footprint in Europe and adds expertise in industry sectors such as pharmaceuticals, oil and gas, and chemicals.”

The BlueCielo acquisition is the latest in a series of strategic acquisitions fueling Accruent’s growth. Successive acquisitions of strong, growth-oriented companies with complementary products and global presence have resulted in scale, world-class support and depth and breadth of solutions that is unrivalled. Recent acquisitions include Lucernex, a leading global provider of Integrated Workplace Management Systems (IWMS), and Verisae, a leading provider of cloud-based solutions that connect facilities and assets to the maintenance and service network through the Internet of Things (IoT).

“The BlueCielo team and I are excited to join Accruent,” said Willem-Jan Scholten, BlueCielo CEO. “Our customers will benefit from Accruent’s world-class support infrastructure and the advantages that Accruent’s scale brings to our operations, development and cross-application innovation. We look forward to expanding our growth by introducing integrated engineering and asset information management to improve asset and facility lifecycles to thousands of additional loyal Accruent customers and new markets.”

“Accruent’s acquisition of BlueCielo will provide strategic benefits to both companies, as well as customers and prospects,” said Kevin Prouty, vice president for IDC Energy Insights, a global provider of information technology market intelligence. “BlueCielo’s Meridian asset lifecycle information system adds the ability to manage all asset content and documentation into Accruent’s asset lifecycle management capabilities.”

The acquisition, effective immediately, includes the continuation of all existing BlueCielo product development, support, sales and channel resources. BlueCielo customers and business partners will be provided with a series of communications on relevant aspects of any changes and will be invited to Accruent’s annual INSIGHTS conference April 8 – 11, 2018, in Austin, Texas. BlueCielo Partners and colleagues will learn more at BlueCielo’s annual Synergy conference January 15-18, 2018, in Lisbon, Portugal.

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