At Mainstream, company president Peter Wallace, who founded Mainstream in 1989, says he and his team are looking forward to “continuing on our past success to offering a technology tool that allows account teams to meet client needs and enhances their abilities to deliver effective solutions.” He'll become CBRE's director of computerized maintenance management systems, the Cleveland Plain Dealer reported Tuesday, while Mainstream's offices and employees will remain in Twinsburg.

The deal for Mainstream Software represents CBRE's fourth entity-level acquisition in the past six months. In February, CBRE acquired commercial real estate financing firm Capstone Financial Solutions LLC, while in January it purchased Floored, an SaaS platform whose solutions include 3D graphics. This past December, it bought retail project management firm Skye Group.

LOS ANGELES—Having long been a client of Mainstream Software Inc., CBRE Group will now be its owner. CBRE said Tuesday it had acquired the business of Twinsburg, OH-based Mainstream, an SaaS (software as a service) technology solutions provider for facilities management. Deal terms were not disclosed.

“Mainstream's technology has delivered excellent results for our clients, colleagues and supplier partners consistently for 15 years,” says Matt Werner, president, GWS Enterprise Facilities Management at CBRE. “By acquiring this organization we are bringing a trusted partner into our company, ensuring that CBRE's scale, expertise, and ability to invest will continue to support and strengthen this technology, creating advantage for our clients going forward.”

Many of CBRE's facility managers, clients and vendors are among the 90,000-plus users of Mainstream's platform, which processes millions of facility work orders annually. The technology supports tenant work requests, reactive and preventive maintenance scheduling, and analytics for facilities in 50 countries.

Chandra Dhandapani, CBRE's chief digital & technology officer, says that owning a suite of key enablement technologies is “an integral part” of the company's strategy. “Mainstream fits perfectly with this strategy and our combined product vision will further enable our professionals to operate more efficiently and provide superior experiences and outcomes for our clients.”

At Mainstream, company president Peter Wallace, who founded Mainstream in 1989, says he and his team are looking forward to “continuing on our past success to offering a technology tool that allows account teams to meet client needs and enhances their abilities to deliver effective solutions.” He'll become CBRE's director of computerized maintenance management systems, the Cleveland Plain Dealer reported Tuesday, while Mainstream's offices and employees will remain in Twinsburg.

The deal for Mainstream Software represents CBRE's fourth entity-level acquisition in the past six months. In February, CBRE acquired commercial real estate financing firm Capstone Financial Solutions LLC, while in January it purchased Floored, an SaaS platform whose solutions include 3D graphics. This past December, it bought retail project management firm Skye Group.