Backed by Main, Zig and Cegeka Real Estate Solutions (“CRES”) are joining forces and will continue under the name Zig.
Zig and Cegeka Real Estate Solutions (“CRES”), both leading software providers in the Dutch real estate sector, are joining forces and will continue under the name Zig. By doing so, the unified company becomes a unique player, offering its clients a wide variety of software solutions. After the acquisition of CRES, Zig will have over 225 customers and 300 employees. Anton Vreugdenhil will lead the new organization as CEO together with Gerbert Kooij as CCO. This strategic combination is backed by Main Capital Partners (“Main”).
Customer value is at the core
Gerbert Kooij, CEO of Zig, comments: “Housing corporations and commercial property managers regularly experience limitations in their software environment that hinder process innovation, result in high costs and prevent optimal service delivery to tenants. Therefore, Zig and CRES have joined forces and decided to help customers solve their challenges by bringing the full product offering under one roof and jointly developing it. “By merging, both companies can achieve a better integrated product offering for customers. This enables them to achieve their organizational goals faster, such as strengthening tenant relationships, organizing business processes more efficiently and more data-driven,”
Complementary and innovative
Anton Vreugdenhil, CEO of CRES, adds: “and CRES provides complementary solutions to the real estate industry. Zig is the market leader in customer software (CRM) and CRES in enterprise software (ERP). In addition, both parties provide data analysis and information assurance (BI) solutions. The combination results in a company that can support its customers in all core processes around supply, leasing, acquisition and development, maintenance and sale of real estate. “By combining our solutions, knowledge and scale, we can accelerate and sustain innovation. The real estate industry is all about the synergy between tenants, property and finance. The best solutions combined with seamless product integration make working with our software easier and improve tenant services,”
Growth ambition
Pieter van Bodegraven, Senior Partner at Main concludes: “The broader PropTech market is a key focus area at Main. The partnership between Zig and CRES unites two leading players. The acquisition marks the third strategic acquisition since we partnered with Zig in late 2021. The move strengthens the foundation of the company; therefore, we look with great confidence towards the future to further fulfill our growth ambitions in the PropTech sector.”
The move strengthens the foundation of the company; therefore, we look with great confidence towards the future to further fulfill our growth ambitions in the PropTech sector.
– Pieter van Bodegraven, Senior Partner at Main Capital Partners
About
Zig
Since its founding in 2001, Zig has become a leader in the residential and commercial real estate industry. Zig provides its software to a broad customer base of over 160 organizations.Examples of customers include De Alliantie, Rochdale, Sociale Verhuurders Haaglanden, DUWO, Mooiland, Klik voor Wonen, Thuis in Limburg, Elkien, Bouwinvest and A.S.R. The company has approximately 125 employees.
CRES
CRES has been part of the Cegeka Group, an international ICT service provider, since 2006. In recent years CRES has fully migrated the Dynamics 365-based ERP solution Dynamics Empire to SaaS (Microsoft Public Cloud) and expanded its market position to over 85 housing associations and commercial property managers, which collectively manage nearly 1 million homes. CRES customers include Woonwenz, WonenBreburg, DeltaWonen and Mooiland.
