News

Dude Solutions Acquires Strategic Asset Management Firm Assetic

2 minutes

We have exciting news to share, in what we acknowledge is a challenging time for all of us. 

"Dude Solutions has acquired Assetic, a strategic asset management software and services firm based in Melbourne, Australia!"

 

Meet Assetic

Assetic specializes in helping professional asset managers assess, plan and prioritize capital investment projects. Assetic is the only cloud-based asset management vendor with advanced predictive modeling capabilities that facilitate the maintenance of infrastructure which leads to increases in asset longevity and decreases in maintenance and renewal costs.  

“At The Dude, we’re helping organizations perform essential work in the places where we live, work, heal, play and learn. Planning for future capital investment is a critical process for our clients – and the communities they serve – which is an area we’ve been focused on addressing,” said Ed Roshtish, CEO of Dude Solutions. “We are excited to add Assetic’s veteran team and next-generation solutions and look forward to delivering the most innovative solutions as we serve the unique and evolving needs of our clients together.”  

Assetic was co-founded in 2006 in Australia, a country highly regarded for leadership in strategic asset management. Because of the company’s expertise and products, Assetic has played an active role in the development of standards for managing public infrastructure, including ISO 55000 for asset management. 

“Assetic and Dude Solutions have forged parallel paths in the operations management world and there is tremendous opportunity as operations leaders strive to make well-informed decisions about their capital investments,” said Ashay Prabhu and Joel Brakey, Co-Founders of Assetic. “Combining our product with the Dude Solutions suite is incredibly exciting as this acquisition positions our team to support the growing demand for strategic asset management globally.” 

 

So, what does this mean for Dude Solutions clients? 

We are really excited to welcome Assetic to the Dude Solutions family! This acquisition further strengthens Dude Solutions’ market-leading, comprehensive and connected suite of operations management software and solves an important need of our clients. Look for more information in the future about this offering. 

 

Looking to the future 

Our mission is to empower operations leaders globally and by joining forces with Assetic, we’re able to address the growing need of organizations to increase operational asset longevity and decrease maintenance and renewal costs.  

The Assetic team has unparalleled expertise in this space and much like our own Dudes, a deep passion for clients. We are thrilled to officially welcome our “Dudes Down Under” to Dude Nation!