Fortive recently announced it entered into a definitive agreement with Bayard Capital and Accel Partners to acquire ServiceChannel. ServiceChannel is a global provider of SaaS-based multi-site facilities maintenance solutions with an integrated service-provider network. In 2021, ServiceChannel is projected to generate approximately $125 million in revenue.
Source: Fortive to Acquire ServiceChannel, a Global Provider of SaaS-based Multi-Site Facilities Maintenance Service Solutions