WorkWave Continues to Drive Powerful Growth Through Third Quarter 2021
WorkWave experiences another quarter of strong revenue and customer growth, driven by both organic growth and strategic acquisitions; appoints Tim Robinson as COO
HOLMDEL, N.J., Oct. 28, 2021 /PRNewswire/ -- WorkWave®, the leading provider of SaaS software solutions that support every stage of a service business's life cycle, experienced significant revenue growth of 92% year-over-year, fueled by organic growth of 45% and a 78% increase in its customer base. This performance, combined with strong financial results, demonstrates WorkWave's continued ability to deliver value to its expanding customer base while leading industries forward.
"It is an amazing testament to the ability of this expanding WorkWave team that we've been able to engage in the most important series of acquisitions that our industry has seen in decades and still continue to produce the strongest growth and financial performance results in the industry," said David F. Giannetto, CEO of WorkWave. "To accomplish this, every person in WorkWave has been intensely focused on delivering solutions that help our customers in every stage of their life cycle and at every stage of their growth, multiplying the benefit of partnering with the strongest and most capable company in the industries we lead."
This performance is combined with WorkWave's announcement of the acquisition of TEAM Software, the world's top provider of software and solutions to the cleaning, janitorial, and security industries. This expands WorkWave's market leadership across three additional verticals of asset-light field service where recurrent service models are most common.
To support WorkWave's growing vision of the future, the company will announce Tim Robinson as Chief Operating Officer of WorkWave. Robinson joins WorkWave from Real Green Systems, where he also served as Chief Operating Officer, where he drove a customer-centric culture that he plans to continue within WorkWave.
"I am honored to help lead the WorkWave team as we continue to charge through this next stage of growth, ensuring we are providing value to our customers and their businesses," says Robinson. "The joining together of our industry-leading companies allows us to leverage our extensive industry knowledge and expertise to create the strongest possible partnerships with our customers."
"When you acquire great companies, you get great people, and Tim Robinson is a perfect example," says Giannetto. "He adds tremendous talent and experience to our leadership team, and I hope that his appointment will show our growing employee and customer base that we value and respect each of these great companies we've brought into the WorkWave family."
The recent acquisitions have also allowed WorkWave to grow its employee base by 246% year-to-date. The company not only gained a significant amount of incredible new talent and expertise in core industries, but now also has a presence across all areas of the country, and key locations around the globe. This increased presence enables WorkWave to continue to provide a strong level of support to its customers regardless of vertical or location.
About WorkWave
For nearly 40 years, WorkWave has been building best practices into its market-leading field service and last mile software solutions to allow best-in-class companies to grow their business, service their customers and maximize their money. Its solutions empower service-oriented companies to reach their full potential through scalable, cloud-based software solutions that support every stage of a business life cycle, including marketing, sales, service delivery, customer interaction and financial transactions. WorkWave is a trusted partner for thousands of customers across a wide variety of industries, including pest control, lawn care, cleaning, HVAC, plumbing and electrical, and last mile delivery. WorkWave's award-winning culture and solutions have been recognized in the SaaS Awards, the Cloud Awards, the American Business Awards, the NJBIZ Best Places to Work Awards, and the Stevie Awards for Great Employers. For more information, visit workwave.com.
Media Contact
Brittany Boyle
Sr. Manager, Strategic Communications, WorkWave
Email: [email protected]
Media Contact
Heather Ripley
Ripley PR
(865) 977-1973
[email protected]
SOURCE WorkWave
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