Bricks + Agent acquires Maintenance Manager

Bricks + Agent has acquired cloud-based maintenance workflow software Maintenance Manager to continue its growth in the market.

(L-R) Roby Sharon Zipser, CEO at hipages CEO and Rafael Niesten, co-founder, Bricks + Agent.

Bricks + Agent will integrate all of the Maintenance Manager clients to its platform from Home Trades Hub Australia (HTHA), a first-generation platform in the same market segment.

The arrangement will bring together all clients on a unified basis, using The Bricks + Agent platform, which will use the existing scale to continue to grow the market segment. 

This deal will add significant volume to The Bricks + Agent’s existing client base which includes property giants, Fortune 500 member JLL, Meriton (Australia’s largest apartment builder) and Little Real Estate (owned by billionaire Paul Little).

Garry Mulvay, CEO at HTHA will also take a seat on the Bricks + Agent Board from January 2023. The deal provides ongoing (and expanded) opportunities to service clients with PropertySafe’s class-leading safety and compliance inspection services.

Rafael Niesten, co-founder of Bricks + Agent said both platforms are a natural fit for one another and share the ambition to deliver smoother maintenance transactions for all stakeholders.

He said, “Our growth aspirations are aligned. We are also actively targeting the $21 billion property management total addressable market. The acquisition creates a singular focus on this goal.”

Neisten said he has been aware of Maintenance Manager for some time now.

“I first discovered Maintenance Manager when reviewing the competitive landscape at the start of our business journey six years ago. Since then, Bricks + Agent has continued to innovate, and we’ve recorded record growth year on year. In November 2021, hipages Group invested in us. That has assisted us in fuelling the growth of the business” he said.

This acquisition widens the data landscape, allowing Bricks + Agent to support property managers, tradies, homeowners and tenants.

It also enables Bricks + Agent to accelerate its growth plans and roll out its technology to more tradies, property managers, social housing providers, homeowners and tenants, according to the company. 

Garry Mulvay, CEO at Home Trades Hub said, “We see this as a fast way to deliver our strategy by growing in the real estate and social housing maintenance space while continuing to enhance and grow our established inspections business.

“To capture the growth opportunities ahead of us we had to make a significant investment to re-platform Maintenance Manager or seek another group that has the innovative tech and aligns culturally. Bricks + Agent has impressive tech, growth and industry impact. They are well known for enabling property managers to give their clients peace of mind and helping tradies access a steady pipeline of work, all while streamlining operations and workflow.”

Bricks + Agent has more than 800,000 users and 30,000 tradies on its platform, Bricks + Agent has a pipeline of almost 300,000 properties and growth opportunities and has partnered with all leading property management and inspection solutions across the region.