Plentific, a London, UK-based property technology platform, acquired X Tag (formally Gas Tag), a Liverpool, UK-based provider of technology solutions that allow housing providers to move into proactive, data-driven approaches.
The amount of the deal was not disclosed.
With the acquisition, Plentific will provide a SaaS-enabled marketplace solution providing integrated repairs, maintenance, and compliance services in the UK and Germany.
Founded in 2014, X Tag works with more than 50 social housing providers, local authorities, lettings agents, and property managers to provide them with gas safety, electric and fire door compliance solutions which allow customers to collect data from servicing, repairs, and maintenance activities in real-time through a central portal. The company’s product suite will be integrated into the Plentific platform, providing landlords and property managers with a complete repairs, maintenance, and compliance management tool.
Founded in 2013 by Cem Savas and Emre Kazan, Plentific provides a platform and dynamic procurement technology that enables landlords across the UK and Germany to deliver a transparent resident experience whilst reducing operational costs across all repair and maintenance services.
Since 2013, the company has been working closely with landlords to deliver more efficient repairs and maintenance services to over 250,000 properties across the UK and Germany.
Investors include A/O Proptech, Target Global, Round Hill Ventures and PiLabs.
FinSMEs
20/11/2020