Brief: Smartrent Acquires Sightplan, A Leading Saas Provider Of Property Operating Solutions

SmartRent

24/03/2022 20:34

March 24 (Reuters) - SmartRent Inc  SMRT.N :
    * SMARTRENT ACQUIRES SIGHTPLAN, A LEADING SAAS PROVIDER OF
PROPERTY OPERATING SOLUTIONS
    * SMARTRENT INC - ACQUIRED 100% OF EQUITY INTERESTS OF
SIGHTPLAN
ON MARCH 22, 2022, FOR APPROXIMATELY $135 MILLION IN AN ALL-CASH
TRANSACTION
    * SMARTRENT INC - SIGHTPLAN TEAM WILL JOIN SMARTRENT AS
EMPLOYEES,
AND SIGHTPLAN WILL CONTINUE TO RUN ITS OPERATIONS FROM ITS
ORLANDO, FLORIDA OFFICE

Source text for Eikon:  ID:nBw3rCfWda 
Further company coverage:  SMRT.N 

 ((Reuters.Briefs@thomsonreuters.com;))