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Tango, a leading provider of Real Estate and FM solutions, acquires Locatee

5th March 2024

Tango, a Dallas based leading provider of cloud-based real estate and facilities management software, today announced it has acquired Locatee, a Zurich based leading workplace analytics solution. Locatee empowers organizations to make fact-based decisions by providing a complete picture of occupancy, driving strategic portfolio decisions, improving operational space utilization, and increasing employee satisfaction.

Locatee is the leading workplace analytics solution that transforms complex data into space utilization insight. Developed with a deep understanding of the corporate real estate challenges facing the modern world of work, Locatee empowers workplace leaders to make decisions about their business buildings with confidence.

With hundreds of customers across more than 140 countries, Tango is the leader in Store Lifecycle Management and IWMS software, delivering a single solution spanning real estate, design & construction, lease administration & accounting, facilities, desk booking, visitor and space management.

Locatee's offices, based in Zurich, Switzerland, will become Tango’s European headquarters serving the company’s international customers.  The combined business will serve over 500 customers in more than 140 countries from its primary offices in Dallas, New York, and Zurich.

Lerner Associates was pleased to act as the exclusive sell-side M&A advisor to Locatee. This transaction further cements our credentials as a leader in global and cross-border PropTech M&A Advisory services across all real estate asset class and lifecycle solutions. Having been referred to by one of Locatee's Venture Capital investors this is further testament to our relationships with company owners, founders and investors alike.

Congratulations to Locatee, Tango, and VC investors Smartfin, and Fyrfly, amongst others too.

Further details can be found here.


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