Just weeks after acquiring Slingshot, WorkWave, a Holmdel, N.J.-based provider of field service software solutions, has signed an agreement to acquire Real Green Systems, a Walled Lake, Mich.-based provider of field service solutions in the green service industries. Terms were not disclosed.
“This acquisition is something rarely seen. It is two successful, fast-growing, market-leading companies coming together to create something truly special,” WorkWave CEO David Giannetto said in a news release. “It marks the beginning of a new chapter where WorkWave will help our customers focus on the future, helping them to go beyond service to create effective, fast-growing, highly profitable service organizations that also deliver the best service experience possible. Real Green believes in this same mission, and together we will allow every solution in this expanded WorkWave product portfolio to deliver greater value. We have tremendous respect for the Real Green team, and the goal of this acquisition is to not just allow them to continue to lead the green industries forward, but to help them make an even greater impact.”
Both companies were created by industry professionals nearly 40 years ago, becoming well respected in their respective industries. WorkWave’s new release notes that the merger allows Real Green “to advance more quickly and WorkWave to embrace their depth of expertise in the green industries that Real Green is known for. While the Real Green solution and PestPac will remain separate, additional product offerings that support customer growth, including the equally respected Coalmarch and WorkWave Agency groups, will combine forces to maximize their development and value… As a sign of their support, Serent Capital, the former investor in Real Green, and Real Green Founder Joe Kucik will roll significant equity and join TA Associates as minority owners of WorkWave.”
“After years of watching WorkWave develop alongside Real Green, we’ve long known that the combination of these two companies would create something special,” Bill Nunan, president and CEO of Real Green, said in the release. Nunan will stay on as the head of Real Green operations within WorkWave. “We are thrilled to be joining such a progressive solutions provider that shares our commitment to helping customers thrive, and who so strongly supports the continued growth and development of Real Green solutions, and our passionate customer base.”