Allegion plc, security products, and solutions provider, has, through one of its subsidiaries, signed a definitive agreement to acquire assets of plano. group (plano), a software-as-a-service (SaaS) workforce management solution. The transaction is expected to close in the first quarter of 2023, subject to customary closing conditions.
Based in Germany, plano has been a long-time service provider and development partner for Allegion’s European workforce management brand, Interflex, and its SP-EXPERT software platform. Following the close of the acquisition, plano will continue to serve advanced workforce management (AWFM) customers as part of the Interflex portfolio.
