Altus acquires main property tax administration software program


TORONTO, Might 04, 2022 (Globe Newswire) — Altus Group Restricted (ʺAltus” or “The Firm”) (TSX: AIF), a Market as a Service Supplier to the worldwide business actual property (“CRE”) trade Main is Intelligence. Ltd., in the present day introduced that on Might 1, 2022, it acquired Rethink Options Inc. (“Rethink Options”), the developer of the Imalink property tax administration software program. The acquisition brings a complementary software program providing, property tax-focused technical expertise and robust buyer relationships.

Alex Probin, International President of Property Taxes at Altus commented, “Trusted by many giant organizations within the US and Canada, itamlink software program helps clients enhance productiveness by effectively managing actual property taxes and assessments throughout a number of property portfolios. does.” “This can be a extremely complementary addition to our current portfolio of options that can add worth to purchasers on each side. This acquisition, and its unimaginable group, drive our expertise technique to drive trade innovation by way of an entire property tax administration platform. Additionally it is an essential constructing block for

Rethink Options is a number one North American developer of property tax and actual property expense administration software program. Based in 2001 in Toronto, a group of roughly 35 property tax administration and expertise consultants is devoted to creating software program options that assist house owners and occupiers of multi-property actual property portfolios handle their multi-jurisdictional property tax procedures. Its flagship itemLink software program supplies a complete tax administration answer utilized by many organizations within the US and Canada to optimize property tax procedures. The software program permits clients to centralize property tax knowledge, automate processes with configurable integration, and consists of built-in knowledge administration instruments, intuitive dashboards and stories associated to administration assessments, funds and tax appeals.

Mordechai Katzman, President of Rethink Options, stated, “Our mission is to modernize property tax administration to assist house owners and occupiers of multi-property portfolios successfully handle one in every of their greatest working bills – property tax ” “Altus Group is an ideal match for itamlink, and shares on this mission. We’re very excited to work collectively to handle the substantial alternative within the property tax software program market.”

About Altus Group

Altus supplies the worldwide business actual property trade with vital actionable intelligence options powered by our de facto normal ARGUS expertise, unparalleled property stage knowledge and market main experience. A market chief in offering Intelligence as a Service, Altus CRE empowers professionals to make well-informed selections with larger velocity and scale to maximise returns and decrease danger. Trusted by many of the world’s largest CRE leaders, our options for the valuation, efficiency and danger administration of CRE property are built-in into workflows vital to success throughout the CRE worth chain. Based in 2005, Altus is a worldwide firm with roughly 2,600 workers in North America, EMEA and Asia Pacific. For extra details about Altus (TSX: AIF), please go to altusgroup.com.

forward-looking info

Sure info on this press launch might represent “additional info” throughout the which means of relevant securities regulation. All info contained on this press launch, aside from statements of present and historic truth, is forward-looking info. Ahead-looking info consists of, amongst different issues, info regarding goals, methods and intentions, and future monetary and working efficiency and prospects. Sometimes, forward-looking info is recognized by means of phrases resembling “might”, “will”, “anticipate”, “consider”, “plan”, “will”, “might” and different comparable terminology. can go. All forward-looking info on this press launch is eligible for this warning assertion. Ahead-looking info will not be and can’t be a assure of future outcomes or occasions. Ahead-looking info relies on, amongst different issues, opinions, estimates, conjectures and analyzes that, whereas thought-about acceptable by Altus Group on the date of offering forward-looking info, are inherently topic to important dangers, uncertainties, contingencies and others. Elements that might trigger precise outcomes, efficiency or achievements, trade outcomes or occasions to vary materially from these expressed or implied by forward-looking info. For extra info on the corporate’s forward-looking statements, please consult with Altus’ newest regulatory filings on Cedar.

For additional info please contact:

Camilla Bartosiewicz
Chief Communications Officer, Altus
416.641-9773
camilla.bartosiewicz@altusgroup.com

For media inquiries please contact:

Elizabeth Lambe
Director, International Communications, Altus
416.641.9787
elizabeth.lambe@altusgroup.com



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