Accruent Buys Two Companies

Real estate and facilities management software developer Accruent, which has operations in Santa Monica, said today that it has acquired two software companies, Four Rivers Software Systems, and SiteFM, both developers of healthcare facilities management software. Financial terms fo the buy were not disclosed. Accruent--which is led by Mark Friedman--said the buy will help the company enter the healthcare industry. Four Rivers Software Systems was based in Pittsburgh, PA; SiteFM was based in Austin, Texas.