Tango’s acquisition of AgilQuest can help FMs balance employee and space requirements in the hybrid workplace

by Brianna Crandall — March 2, 2022 — Tango, a provider of cloud-based store lifecycle management and integrated workplace management software (IWMS), recently announced it has acquired AgilQuest, a provider of flexible and hybrid workplace scheduling. The transaction is said to extend Tango’s position as a global leader in the real estate and facilities management space.

Tango offers workplace solutions for space management and facilities maintenance, real estate, design and construction, lease admin and accounting, and more, including the Tango Workplace cloud-based IWMS platform that employs artificial intelligence and machine learning.

AgilQuest offers people-focused workspace and conference room scheduling and utilization measurement software solutions for the modern, flexible workplace.

Tango+AgilQuest for hybrid workplace

The acquisition brings together Tango’s workplace management solutions with AgilQuest’s employee engagement and productivity — “uniting the Workplace with People” — to address the new requirements of hybrid work.

The combined business will serve over 300 customers in more than 140 countries. Tango announced in December that it had secured an equity investment from Berkshire Partners to extend the company’s leadership position in the market and accelerate both U.S. and international growth.

As the pandemic has shifted how and where people work, companies are seeking agile solutions to help them address the new challenges a hybrid or flexible work environment presents. Organizations need to create safe workplaces that support employee productivity and engagement. They also need to understand and respond to changing space requirements and be prepared for the office of the future.

Pranav Tyagi, Tango’s president and chief executive officer, remarked:

Optimizing the people-to-space equation in a rapidly changing environment is the new imperative for all companies operating in a hybrid workplace. Doing so improves employee productivity, satisfaction, and retention while delivering bottom-line results through higher space utilization and lower occupancy costs. AgilQuest’s complementary solution provides a strategic extension of Tango’s reservations and resource scheduling capabilities, and collectively delivers an unmatched solution needed by companies of all sizes to address the requirements of a flexible work environment. We are delighted to welcome AgilQuest to the Tango family.

John Vivadelli, president and CEO of AgilQuest, commented:

We are thrilled to be joining one of the most respected and innovative workplace technology leaders in the industry. Tango and AgilQuest share a common DNA. We’ve both focused on developing solutions that offer the greatest depth and breadth of capabilities in their respective categories, have cultivated highly experienced teams, and have proven, scalable solutions each with a track record of customer commitment. Our customers will benefit from the true end-to-end solution that Tango offers.

The new company will maintain offices in Dallas, Texas, and Richmond, Virginia.

For more information about the integrated solutions, join the March 9 webinar presented by Tango and AgilQuest: “Data-Driven Decisions in the New Hybrid Workplace: Why You Need a Comprehensive View.”