Acquisition enhances compliance solutions for UK construction industry

Zutec has announced the acquisition of Operance as part of its expansion strategy in the UK.

The company stated that the acquisition will support its focus on handover and Building Safety Act compliance solutions for contractors, developers, housebuilders, and asset owners.

Zutec said the acquisition aligns with its goal of integrating customer bases, solutions, and expertise to accelerate digital transformation and compliance in the building sector.

The deal is expected to create new growth opportunities by combining the strengths of both businesses.

Zutec CEO highlights strategic alignment

Gustave Geisendorf, CEO at Zutec, said the acquisition aligns with the company’s broader strategy of investing in businesses that support its growth objectives.

“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,” said Geisendorf.

“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.”

He added that the Operance team will now be part of Zutec, and the combined business will focus on delivering new capabilities in digital construction solutions.

Operance CEO outlines growth benefits

Ian Yeo, CEO at Operance, said the acquisition will allow the company to accelerate its progress and enhance its service offering.

“Having built up the Operance business, and with a shared growth ambition, we welcome being part of Zutec,” Yeo said.

“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.”

Focus on digital transformation in construction

Zutec and Operance said the integration of their technologies and expertise will provide enhanced compliance tools for the UK construction sector.

The companies will work together to deliver solutions that support regulatory requirements and digital transformation in asset management.

Zutec stated that the acquisition reinforces its commitment to expanding its presence in the UK market and delivering technology that improves compliance processes in the construction and property management industries.

Zutec acquires Operance to expand UK building safety and compliance solutions: Summary

Zutec has acquired Operance to strengthen its position in the UK construction and property management software market.

Zutec said the acquisition aligns with its strategy of integrating solutions to support handover and Building Safety Act compliance.

CEO Gustave Geisendorf stated that the acquisition aligns with Zutec’s growth strategy and will enhance services for new and existing customers.

Operance CEO Ian Yeo said the acquisition will accelerate the company’s progress and increase its impact on the digital construction ecosystem.

Zutec confirmed that the companies will work together to develop compliance-focused solutions for contractors, developers, housebuilders, and asset owners.

The acquisition supports Zutec’s continued expansion in the UK and Ireland.