essensys PLC Customer Renewal (0131P)
14 October 2021 - 5:00PM
UK Regulatory
TIDMESYS
RNS Number : 0131P
essensys PLC
14 October 2021
14 October 2021
essensys plc
("essensys" or the "Group")
Customer Renewal
Major renewal and expansion with largest customer,
Industrious
Framework to support Industrious' global expansion plans
essensys plc, the leading global provider of mission-critical
software and technology to the flexible workspace industry, has
renewed its strategic partnership with Industrious, the Group's
largest and fastest growing customer.
The new global framework agreement consolidates all existing
business between essensys and Industrious and establishes the
framework for essensys to support Industrious's global expansion
plans.
essensys currently serves 111 Industrious locations, comprising
in excess of 3 million sq ft predominantly in the USA. The Group
has recently supported Industrious's establishment in the UK.
Mark Furness, CEO of essensys, said:
"We are delighted to renew and expand our existing partnership
with Industrious. Industrious is an example of our strategy to grow
with our leading customers, by supporting their expansion plans.
Industrious was one of our early partners when we established our
US operation and we have worked together for over four years. This
contract renewal reaffirms our joint commitment to provide great
customer experiences using our technology. Our recent fundraising
to expand the business globally will allow us to continue to
support Industrious as they expand their operations both in North
America and internationally."
For further information, please contact:
+44 (0)20 3102
essensys plc 5252
Mark Furness (Chief Executive Officer)
Alan Pepper (Chief Financial Officer)
Singer Capital Markets (nominated adviser and +44 (0)20 7496
joint broker) 3000
Peter Steel / Harry Gooden / George Tzimas
+44 (0)20 3207
Berenberg (joint broker) 7800
Ben Wright / Mark Whitmore
+44 (0)20 3727
FTI Consulting (public relations adviser) 1000
Jamie Ricketts / Eve Kirmatzis / Talia Jessener
/ Victoria Caton
About essensys plc
essensys is the leading global provider of mission-critical SaaS
platforms and on-demand cloud services to the high growth flexible
workspace industry. essensys' software is specifically designed and
developed to help solve the complex operational challenges faced by
multi-site flexible workspace operators as they grow and scale
their operations. The Group's technology allows operators to
deliver a range of differentiated, flexible and customer-specific
services to a broad base of tenants across multiple locations and
helps operators to manage the cost, operational and technological
challenges they typically encounter.
essensys' Flex Services Platform , addresses these complex
operational challenges, and reduces costs by simplifying the
day-to-day management of flexible workspaces and the provision of
on-demand IT, technology and infrastructure services to tenants.
essensys' platforms automate key tasks and processes and help
flexible workspace providers deliver highly efficient,
customer-centric workspace solutions and member experiences with
enterprise class services.
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END
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