MINNEAPOLIS--(BUSINESS WIRE)--Verisae, Inc. (“Verisae”), a leading global provider of maintenance, energy, and sustainability solutions, today announced the acquisition of WorkOasis. The acquisition creates an expanded suite of Software-as-a-Service (SaaS) solutions for customers of both companies.
“The WorkOasis team and customers are a strategic addition to Verisae”
“The WorkOasis team and customers are a strategic addition to Verisae,” said Jerry Dolinsky, CEO of Verisae. “The acquisition supports our commitment to consolidate the best products, people, and customers in the markets we serve and will accelerate our growth. In addition, the acquisition allows us to leverage and deepen our long-standing relationships with maintenance and repair service providers.”
WorkOasis, based in Atlanta, GA, provides retailers, food service, and other companies that operate across multiple locations software and services that automate the work order management process. The Company’s software solutions save facility owners and tenants money by lowering service transaction costs, eliminating paperwork errors, and providing an auditable process for certifying contractors.
Dolinsky further added, “WorkOasis customers will benefit from Verisae’s expanded software/product development resources as well as our industry best practices.”
WorkOasis President and CEO, Bob Dickhaus, stated, "Since 2002, we have had the opportunity to serve world-class customers who have helped us build an industry leading product suite. Verisae represents a partner with the resources and expertise to help guide our employees and our customers in our next phase of growth. With Verisae, we can accelerate and expand ways to make their jobs simpler while reducing operating costs.”
The combination of WorkOasis and Verisae is expected to be completed in fourth quarter 2013, providing customers increased functionality and improved operations. The combined Verisae network of over 120,000 service providers and 43,000 sites creates one of the largest global maintenance networks of its kind, with a presence in over 20 countries worldwide.
WorkOasis is a cloud-based software technology company specialized in serving the C-store, retail, banking, restaurant, and service management company industries. The Company provides owners and service providers of large portfolios of distributed property, web-based software designed to simplify operations and reduce facility operating expenses, including work order, asset, project, capital planning, and procurement management systems.
About Verisae, Inc.
Verisae (www.verisae.com) is the leading global provider of cloud-based, SaaS software solutions that help large retailers focused in grocery, food service, and specialty retail manage their maintenance, energy, and sustainability programs. By integrating business information and processes in one big-data platform, with analytics to drive insight and fact-based decisions, Verisae customers improve their customer satisfaction, reduce facility operating costs, and increase profits by 15-25%. Verisae is a privately held company backed by Marlin Equity Partners, a global investment firm with over $2.6 billion of capital under management.