This Research Note examines the recent Tango announcement that it has acquired Locatee, a Swiss workplace analytics firm. We assess the portfolio and acquisitions of US-based facilities management software firm, Tango Analytics, the rationale for the Locatee deal, and our forecast for the occupancy analytics market in 2024 and beyond. This transaction continues the consolidation trend exemplified by our coverage of 2023 workplace technology acquisitions and following on from Hubstar’s acquisition of Relogix in January 2024. Tango Founded in 2008 and based in Dallas, Texas, Tango offers Store Lifecycle Management and Integrated Workplace Management System software, delivering a single solution spanning real estate, design & construction, lease administration & accounting, facilities, desk booking, visitor and space management. LinkedIn reports 233 employees. Tango secured an equity investment from Berkshire Partners in December 2021 to extend the company’s position in the real estate and facilities management software market and accelerate both U.S. and international growth. Since then, […]