Zutec, a prominent provider of construction and property management software across the UK and Ireland, has announced the acquisition of Operance as part of its strategic expansion and commitment to the UK market.
This acquisition aligns with Zutec’s mission to enhance its digital compliance and handover solutions, further solidifying its market position. By combining their customer bases, solutions, and expertise, Zutec and Operance will drive innovation in Handover and Building Safety Act compliance, supporting contractors, developers, housebuilders, and asset owners. The integration of their technologies will help accelerate digital transformation and improve compliance processes within the industry.
“As we continue investing in businesses as part of our acquisition strategy, Operance fitted our strategic objectives perfectly, with close alignment with our vision and an exciting addition to our business. We believe this collaboration will open up new opportunities for us to expand and better serve existing and new customers, setting the stage for future innovations in the construction and property technology space. We are thrilled to welcome the Operance team into Zutec and look forward to what we can deliver together in the future,” commented Gustave Geisendorf, CEO at Zutec.
Ian Yeo, CEO at Operance, added: “Having built up the Operance business, and with a shared growth ambition, we welcome being part of Zutec. As a profitable, fast-growing business primarily focused on the UK and Ireland, this partnership with Zutec will allow us to accelerate our progress faster and provide even more value to the construction and property digital ecosystem as one company.”