London, UK – June 12, 2023 – Reapit is pleased to announce the appointment of Andrew Reece, the former CEO and co-founder of Inspect Real Estate (IRE), as Senior Vice-President (SVP) of Strategy.
Reece’s appointment as SVP of Strategy will provide a global opportunity for him to support the successful integration of IRE products and services into Reapit. Reece is also relocating to London to ensure that the acquisition by Reapit will be a springboard to fast-track growth in the United Kingdom and Ireland (UKI).
The acquisition of IRE in March of this year reinforced Reapit’s commitment to providing property professionals with digital solutions that saves them time, generates new business and future-proofs their business. Pre-acquisition, IRE was a long-standing Reapit Partner, with apps such as RegisterOnline and KeyWhere that work in harmony with AgencyCloud, Reapit’s flagship solution in the UKI. Post-acquisition, there will be an acceleration in product innovation to enable the digital agent and some exciting new solutions for the UKI market are to be announced later this year.
Mark Armstrong, CEO, Reapit, commented: “I’m delighted that Andrew will take up a senior, global leadership role to support our goal to deliver innovative products and services for residential estate agencies of all sizes worldwide. But I’m particularly pleased that he is moving to the UK to support some exciting new initiatives. IRE has been our biggest acquisition to date and will bring tremendous value to our customers and the market in general here in the UK and Ireland.”
Andrew Reece, SVP of Strategy, Reapit, said: “I’m very excited to be taking up the SVP of Strategy position at Reapit. It’s an opportunity to ensure the delivery of more of the innovative technology that supports our customers’ growth in ANZ. I’m also particularly looking forward for the chance to live and work in the UK. It’s an opportunity both to support our operations here and to get to know our UKI customers more closely so that Reapit can continue to provide them with best-in-class solutions.”
-ENDS-
Media enquiries:
Patrick Hannah, Chief Marketing Officer, Reapit
phannah@reapit.com
+44 7824865288
About Reapit
Reapit is the original, end-to-end business technology provider for estate agencies of all sizes. We’ve been helping residential estate agents to put growth on repeat for the past 25 years, providing agencies in Europe and Australasia with all the essential technology they need to run and grow their businesses, underpinned by a robust, enterprise-ready security infrastructure.
Our multi award-winning AgencyCloud business platform in the UK, and AgentBox CRM, Console Property Management, and IRE time-saving, workflow productivity solutions in Australia, deliver fully integrated, dynamic technology for sales, lettings, property management, block management, client accounts and analytics.
The Reapit AppMarket provides access to an ecosystem of over 70 integrated apps from leading Proptech providers, with single sign-on for a super-smooth, secure user experience – and our Developer Portal gives agencies the ability to build their own apps and customise their experience.
Our powerful service and training model, with unlimited access to a comprehensive range of resources, is part of our commitment to being a partner in growth for our customers – helping them meet the changing needs of consumers and the wider real estate market.
Reapit technology is used by over 78,000 agents in more than 15,000 branches worldwide, with over a million properties under management. For more information, please visit www.reapit.com.
About IRE
InspectRealEstate (IRE) was founded by Andrew Reece and Mike van Raders in Brisbane in 2011. IRE is now a leading provider of time-saving work-flow productivity software for real estate agents in the Australian and New Zealand (ANZ) markets, with products that assist with managing enquiries, booking inspections, processing applications, collecting rent and managing maintenance. IRE has more than 3,000 clients in Australia and New Zealand with approximately 18,000 property managers logging into the system daily. The success of its enquiry processing technology in the ANZ region has led to IRE expanding into the United Kingdom.
Since its early days, IRE has been focussed on supporting its customer base and as built out its technology offering to include business development, trust accounting and key management software for property management businesses.
About Accel-KKR (AKKR)
Accel-KKR is a technology-focused investment firm with $14 billion in capital commitments. The firm focuses on software and IT-enabled businesses well-positioned for top-line and bottom-line growth. At the core of Accel-KKR’s investment strategy is a commitment to developing strong partnerships with the management teams of its portfolio companies and a focus on building value through significant resources available through the Accel-KKR network. Accel-KKR focuses on middle-market companies and provides a broad range of capital solutions including buyout capital, minority-growth investments, and credit alternatives. Accel-KKR also invests across a wide range of transaction types including private company recapitalizations, divisional carve-outs and going-private transactions. Accel-KKR is headquartered in Menlo Park with additional offices in Atlanta and London. For more information, please visit www.accel-kkr.com.