LeaseAccelerator Acquires Real Estate Administration SaaS Provider Guardian Global Systems


Acquisition Further Extends Company’s Differentiation in $5 Billion Real Estate and Property Management Software Sector

RESTON, Va.–(BUSINESS WIRE)–LeaseAccelerator, the pioneer in Enterprise Lease Accounting Software-as-a-Service (SaaS), today announced the acquisition of Guardian Global Systems, an Australian-based provider of Real Estate Administration SaaS to commercial and government organizations. Guardian Global will extend LeaseAccelerator’s portfolio of applications with an innovative solution to help real estate leaders manage the complexities of building, land, and property contracts, both leased and owned.

Guardian Global offers a state-of-the-art property management application that is designed to support corporate real estate requirements. The company’s flagship product, Portfolio Manager, enables companies to manage assets, contracts, clauses, options, invoices, payments, forecasting, budgeting, and reporting for all leased, sub-leased, owned, and tenanted properties. The worldwide market for this type of real estate and building management software will grow from $4.9 billion in 2018 to $7.4 billion in 2022 according to the independent research firm Verdantix. Real Estate software is part of the larger Proptech market which has experienced a surge in investment over the past few years, with over $20 billion in investment capital deployed in 2017 and 2018.

“As companies move trillions of dollars of leases onto the balance sheet with IFRS 16 and ASC 842, organizations are realizing that further automation of the real estate lifecycle is required for scalability and success,” said Michael Keeler, CEO of LeaseAccelerator. “The combination of LeaseAccelerator and Guardian Global will enable us to offer a unique suite of applications to meet the needs of both the Controller and the Corporate Real Estate organizations. Having a shared database that can be used for both real estate lease administration and accounting will help the CFO’s team drive savings as well as improve the timeliness of the monthly close process,” noted Keeler.

“Today’s dynamic digital environment along with the sheer size of markets is driving companies to move away from a widespread use of spreadsheets and adopt technology to better manage real estate portfolios in preparation for the new lease accounting standards,” said Charles Dalrymple-Hay, Managing Director of Guardian Global Systems. “As part of LeaseAccelerator we can not only bring our customers an integrated lease administration and accounting platform to satisfy financial reporting requirements, but we can add the R&D resources needed to invest in our product roadmap and fulfill our original vision around workplace productivity,” noted Dalrymple-Hay.

About LeaseAccelerator:

LeaseAccelerator offers the market-leading Software-as-a-Service (SaaS) solution for Enterprise Lease Accounting, enabling compliance with the current and new FASB and IFRS standards. Using LeaseAccelerator’s proprietary Global Lease Accounting Engine, customers can apply the new standards to all types of leases including Real Estate, fleet, IT, and other equipment at an asset-level as required by FASB and IASB. On average, LeaseAccelerator’s Sourcing and Management applications generate savings of 17 percent with smarter procurement and end-of-term management. Learn more at http://www.leaseaccelerator.com.


Max Leitenberger

Buttonwood Communications Group




I have been involved with publishing and marketing for the past 37 years. My passion is helping people share their voice. I am able to do this through two important venues: One, with Area-Info.net where people can share everything from opinions to events to news. It is your choice! What do you want to share? Two, through a new program called America's Real Deal I am involved with to help business owners get their voice heard.For people who love to save money and earn while saving, there is a new program called the r network. You are provided with a card that entitles the user to automatic savings on more than 300,000 products. Learn more about the revv card today. This is by invitation only to be some of the first people to get this card.I schedule speaking engagements with community groups and business groups to share my passion about the importance of "sharing your voice".Contact me directly at lee@leeeverton.com for scheduling information.

You May Also Like