Zutec, a well-established provider of software solutions for construction and property management across the UK and Ireland, has announced the acquisition of Operance as part of its ongoing expansion strategy and commitment to the UK market.
The acquisition strengthens Zutec’s position by bringing together complementary expertise, customer bases, and digital solutions. This move cements Zutec’s role as a key provider of Handover and Building Safety Act compliance solutions for contractors, developers, housebuilders, and asset owners. By integrating the strengths of both companies, the acquisition aims to accelerate digital transformation, improve compliance processes, and create new growth opportunities.
“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. 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. We are thrilled to welcome the Operance team into Zutec and look forward to what we can deliver together in the future,” commented Gustave Geisendorf, CEO at Zutec.
Ian Yeo, CEO at Operance, stated: “Having built up the Operance business, and with a shared growth ambition, we welcome being part of Zutec. 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.”