European PropTech platform, Plentific, acquires X Tag

European property technology platform, Plentific, has announced the acquisition of X Tag (formally Gas Tag).

Liverpool based X Tag provides gas safety, electric and fire door compliance solutions that allow customers to collect data from servicing, repairs, and maintenance activities in real-time through a central portal, providing transparency, accountability, and assurance that all the necessary steps have been taken to keep tenants safe. Its product suite will be integrated into the Plentific platform, providing landlords and property managers with a complete repair, maintenance, and compliance management tool.

Plentific CEO and co-founder, Cem Savas, said: “As part of our growth strategy, this acquisition will accelerate our product development in compliance, offering our clients the most comprehensive suite of management and maintenance services on the market. This aligns very well with our strategy to scale the platform organically and through acquisitions.”

The Plentific platform enables landlords across the UK and Germany to deliver a better, more transparent resident experience while reducing operational, repair and maintenance costs.