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CBRE Acquires its SaaS Provider Mainstream
Print Article Contributed by BSM Staff

LOS ANGELES -- CBRE Group, Inc., a commercial real estate services firm, has acquired the business of Mainstream Software, Inc., a provider of mobile and software-as-a-service technology for facilities management operations.

Mainstream’s proprietary technology will further enhances CBRE’s Global Workplace Solutions (GWS) offering in the area of digital and technology-enabled services.

Mainstream’s technology supports over 90,000 users, including many CBRE facility managers, clients, and vendors, and processes millions of facility work orders annually. The technology supports tenant work requests, reactive and preventive maintenance scheduling, and analytics for facilities in 50 countries.

Already responsible for collating a significant portion of CBRE’s work order volume, Mainstream becomes a permanent resource in CBRE’s suite of technology products; alongside several other capabilities that enable enhanced service levels and operational savings on behalf of facilities management clients.

“Owning a suite of key enablement technologies is an integral part of CBRE’s strategy,” said Chandra Dhandapani, CBRE’s Chief Digital & Technology Officer. “Mainstream fits perfectly with this strategy and our combined product vision will further enable our professionals to operate more efficiently and provide superior experiences and outcomes for our clients.”

“Mainstream’s technology has delivered excellent results for our clients, colleagues, and supplier partners consistently for 15 years,” said Matt Werner, President, GWS Enterprise Facilities Management, CBRE. “By acquiring this organization we are bringing a trusted partner into our company, ensuring that CBRE’s scale, expertise, and ability to invest will continue to support and strengthen this technology, creating advantage for our clients going forward.”

Founded in 1989 by Peter Wallace, Mainstream is based in Twinsburg, Ohio.

“My team and I have enjoyed working with CBRE over the years and are excited to join this premier business,” said Mr. Wallace. “We look forward to continuing on our past success to offering a technology tool that allows account teams to meet client needs and enhances their abilities to deliver effective solutions.”

CBRE Group, Inc., a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue).

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