Most organizations have focused on the management of “Place” – the planning, building, and operating of real estate locations and the assets within them. With the acquisition of AgilQuest, and now billie, Tango has expanded to the equally important “People” side of real estate, ensuring employees are engaged and productive at the workplace. In addition to core functionality enabling employees to book workspaces and submitting requests, billie’s “My Contributions” functionality encourages employees to create positive and lasting change by gamifying an organization’s environmental, social, and governance (ESG) goals and initiatives.
“The accelerated shift to hybrid work means organizations need to better understand the intersection of their office and employee requirements,” said Pranav Tyagi, Tango’s President & Chief Executive Officer. “billie’s gamification orientation adds a new dimension to Tango’s reservation and resource scheduling capabilities and provides our customers a new and innovative way to meet the requirements of today’s workplace. The acquisition of billie furthers our investment and belief in the Canadian market and we are delighted to welcome billie to the Tango family.”
Over 40 companies, including Canadian public sector agencies, leverage the billie app to book desks and workspaces, and submit workplace service requests. billie’s penetration in the Canadian market supports and extends Tango’s global growth initiatives.
SASI Role
SASI served as exclusive financial advisor to billie, a mobile-first workplace application that uses gamification to engage employees and modernize workspace solutions and worked closely with the senior management team as they navigated through multiple strategic options. SASI led the M&A process from exploratory meetings through negotiations, due diligence, and final closing documents. Keys to success included understanding the dynamics driving the workspace management market, which includes the accelerated shift to hybrid work which means organizations need to better understand the intersection of their office and employee requirements, which is billie’s specialty. More than 40 companies, including Canadian public sector agencies, leverage the billie app to book desks and workspaces, and submit workplace service requests.
“When we developed billie, we wanted to create a solution that helped empower employees, and supported organizations move to a hybrid workplace,” said Jack Gulas, CEO of billie. “We are thrilled to have the respected leader in workplace technology take up the mantle and offer our customers the added benefits of a true end-to-end real estate and facilities solution and we are grateful for SASI’s work ethic, understanding of the market and ability to efficiently drive the process to LOIs and a successful close. i highly recommend SASI to any company considering an exit and to leverage their M&A expertise, market insights and hands on approach.” — Jack Gulas, CEO of billie
About billie
Based in Ottawa Canada, billie is a mobile application solution that uses gamification to engage employees, enables hybrid work environments and provides real-time feedback from team members. billie is an effective tool for customers to not only reserve space, but nudges the company culture, and provides real time data. To learn more about billie, visit https://billieapp.io
About SASI
SASI is a boutique strategic M&A advisory firm focused on IT Infrastructure software across emerging cloud native/container architectures as well as networking, security, data management/protection. Our expertise is with both Buyside and Sellside clients. Please visit SASI for more information or contact Managing Director, John Rotchford on LinkedIn.
About Tango
With hundreds of customers across more than 140 countries, Tango is the leader in Store Lifecycle Management and Integrated Workplace Management System software, delivering a single solution spanning real estate, design & construction, lease administration & accounting, facilities, desk booking, and space management. https://tangoanalytics.com