London, UK — November 20, 2020 – Reapit is delighted to announce the appointment of Mark Armstrong as the new Chief Executive Officer of Reapit, effective 04 January 2021. Interim CEO Adrian Gill, stays with Reapit in an advisory role.
Armstrong brings over 30 years of experience in the enterprise IT industry to Reapit, having worked in senior leadership roles in diverse sectors including enterprise application support, application development, software-as-a-service and business process management.
Before joining Reapit, Armstrong was the Group Vice-President and General Manager EMEA at Rimini Street, a market leader in third-party support. Prior to that he held positions as the Managing Director and Vice-President of International Operations EMEA & APAC at Progress, as well as Sales and Marketing Director at LexisNexis Visualfiles, where he was responsible for driving many of the property industry data integration standards.
Reapit and their customers accross the globe are expected to benefit significantly from Armstrong’s international experience and in-depth understanding of delivering market leading technology. His industry knowledge will be bolstered by the continued presence of estate agency veteran, Adrian Gill.
Park Durrett, Managing Director of Accel-KKR and a member of Reapit’s board of directors said, “Following an extensive search for a new CEO, conducted between Accel-KKR and the Reapit Board, we are very pleased to announce the appointment of Mark Armstrong as CEO. Mark’s accomplished background in software and technology services makes him an ideal candidate to take over the CEO position at Reapit.”
Mark Armstrong, incoming CEO, Reapit, commented, “I am delighted and genuinely excited to have been invited to join Reapit as their new CEO. Reapit is a strong business and a respected, well-known brand name in the PropTech sphere, and I am looking forward to working with everyone on the team to continue delivering feature-rich, innovative estate agency CRM solutions for agents across the UK and internationally.
Durrett added, “The board has the utmost confidence in Mark and the Reapit team to continue delivering on strong operational performance. Since our investment in Reapit, the team has more than doubled the size of the business, expanded internationally, and launched major industry innovations. We look forward to working with Mark to help Reapit continue to grow.”
Founded in 1997, The Reapit Group is a CRM and Client Accounting software provider specialising in the residential real estate sector. Bringing 20 years of innovation to the property market, their award-winning software provides everything estate agents need to run and grow their businesses, from sales to lettings, front office to back office, and everything in between. Reapit’s Agency Cloud and Property Cloud software products include the Sales and Lettings CRM, Property Management and Client Accounts; supported with powerful Analytics and Online solutions. The driving force behind Reapit’s ethos is a commitment to bring all an agency’s data together for a single customer view, and together with its powerful service and training model, the company has helped to grow leading brands. The Reapit open platform partner program is at the hub of a PropTech ecosystem delivering tested solutions and increasing choice of tools for agents. Together, the group provides software solutions to thousands of users worldwide, managing nearly 180,000 tenancies across more than 4,500 offices throughout the UK and Australia. For more information, please visit www.reapit.com.