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Deals & DealmakersTechnology

Altus acquires One11, positions company to react to CRE demand for new tech

Altus Group Limited, a software and data solutions advisor, has acquired One11 Advisors, a real estate software consulting services firm.

“One11 brings solid CRE domain expertise and skills that are required to address the complexities our larger clients are having to deal with today,” said Carl Farrell, president of Altus Group.

One11’s primary offerings include technology implementation services, as well as strategic advisory related to software solutions, IT and process change strategies, system selection, managed services and support for software solutions.

The One11 team, including co-founders Jim Carr and Scott Morey, will be integrated into the Altus Analytics business unit expanding the company’s current software consulting services.

Scott Morey, co-Founder of One11, commented, “Joining Altus Group will strengthen our ability to deliver high-quality consulting services to clients globally while also being in a position to leverage Altus Group’s expanded geographic reach, complementary real estate services and innovative technology solutions.”

As the industry requests more managed services, the Altus will now be able to scale much faster .

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