Proptech company, Plentific, has acquired X Tag, a technology solutions provider for the real estate industry. With the added power backing X Tag, Plentific will become the only end-to-end SaaS-enabled marketplace solution for integrated repairs, maintenance, and compliance services capabilities in the UK and Germany.
Cem Savas, CEO, and Co-founder of Plentific said:
“As part of our growth strategy, this acquisition will accelerate our product development in compliance, offering our clients the most comprehensive suite of management and maintenance services on the market.”
After the integration completes, X Tag’s production site will be available through the Plentific platform for landlords and property managers to utilize to complete repairs, maintenance, and use compliance management tools.
“At Plentific, we’re committed to improving the quality of life by making housing and property work better for everyone and the acquisition of X Tag will allow us to drive this mission forward further. It’s a perfect fit and we’re delighted to welcome X Tag to the team as we continue on our journey together.”
John Roche, Managing Director, at X Tag said:
“Cem and the rest of the team have created a platform that not only fills a gap in the market but also truly improves the experiences of both housing providers and tenants. As we move onto our next phase of growth, we will now be able to offer our clients around the UK, a wider range of services to support their needs.”