CARY and SANFORD, N.C. (EMBARGOED for April 15, 2015) – Dude Solutions Inc.,
a software-as-a-service (SaaS) provider of operations management solutions,
today announced the acquisition of Mobile311 a geographical information
system (GIS) and mobile mapping solution provider. The Mobile311 acquisition
allows Dude Solutions to address the growing requirements of state and local
governments, particularly those with public works needs, as well as
universities and other entities that manage spatial and distributed assets.
Dude Solutions will now offer a comprehensive web-based and mobile
operations solution that enables these organizations to more effectively
manage both their facilities as well as assets at-large. Terms of the
transaction were not disclosed.
“Mobile311 has built a powerful, patent-pending GIS and mobile application
that aids in spatial and linear asset management – along with a growing
client base,” said Kent Hudson, CEO of Dude Solutions, Inc. “Previously,
spatial asset management software has been reserved for the largest cities
and counties and, with this acquisition, Dude Solutions is democratizing GIS
technology for any size local government client as it has with cloud-based
facility management solutions.”
Dude Solutions will offer Mobile311 GIS tools that extend the power of Dude
Solutions’ offerings into clients’ spatial asset management programs.
Mobile311 clients will have access to Dude Solutions’ market-leading
innovations and superior product delivery and support. The platform allows
mobile workers to access work orders and other critical geographic data in
the field while giving supervisors additional reporting and analytical
insights for increased efficiency.
“There is a growing movement to utilize the power of mobile to better manage
the complexities of operational asset management. With this acquisition,
together we can provide the very best mobile GIS and mapping product in the
market combined with Dude Solutions world-class delivery and support,” said
Chuck Wright, president of Mobile311. “Building on our collective knowledge
base of the operational must-haves for success, the combined organization
will be a powerhouse in the marketplace.”
Mobile311 is Dude Solutions’ second acquisition since it announced a growth
investment of up to $100 million from Warburg Pincus, a leading global
private equity firm focused on growth investing, in February 2014. The
Mobile311 team has joined Dude Solutions and will now operate from Dude
Solutions’ headquarters in Cary, N.C. Last month, Dude Solutions acquired
Windmill Software.
ABOUT MOBILE311
Based in Sanford, NC, Mobile311 offers a unique, powerful, patent pending
GIS (geographical information system) and mobile app that aids in spatial
asset management for municipalities, particularly public works. For more
information, please visit www.mobile311.com <http://www.mobile311.com/> .
ABOUT DUDE SOLUTIONS
Dude Solutions, parent company of SchoolDude and FacilityDude, is a leading
software-as-a-service (SaaS) provider of operations management solutions to
education, healthcare, government, commercial and membership organizations.
Over the last 15 years more than 7,000 organizations have selected Dude
Solutions’ award-winning software for facilities, energy, safety, IT and a
growing suite of related enterprise applications to increase efficiencies,
improve service and save money. For more information, please visit
www.dudesolutions.com <http://www.dudesolutions.com/> .
ABOUT WARBURG PINCUS
Warburg Pincus LLC is a leading global private equity firm focused on growth
investing. The firm has more than $35 billion in assets under management.
The firm’s active portfolio of more than 120 companies is highly diversified
by stage, sector and geography. Warburg Pincus is an experienced partner to
management teams seeking to build durable companies with sustainable value.
Founded in 1966, Warburg Pincus has raised 14 private equity funds, which
have invested more than $50 billion in over 720 companies in more than 35
countries.
Since inception, the firm has invested more than $15 billion in technology,
media and tech-enabled services companies, including investments in BEA
Systems, iParadigms Holdings LLC, Coyote Logistics, Endurance International
Group, FacilitySource, FIS, GT Nexus, MercuryGate, MLM Information Services,
Nuance Communications, Service Repair Solutions, UGS, VERITAS Software and
Wall Street Systems.
The firm is headquartered in New York with offices in Amsterdam, Beijing,
Frankfurt, Hong Kong, London, Luxembourg, Mumbai, Mauritius, San Francisco,
São Paulo and Shanghai. For more information please visit
www.warburgpincus.com <http://www.warburgpincus.com/> .
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