ATLANTA – January 25, 2023 — Morris, Manning & Martin advised Global Location Strategies (GLS), one of the world’s leading corporate site selection firms, in the acquisition of two cloud-based software platforms serving the economic development industry: LocationOne (LOIS) and Lasso.
LOIS is a global platform for finding and marketing available sites and buildings. The platform offers economic developers the opportunity to promote available properties to site selectors and corporate location decision makers by establishing a property viewer on an organization’s proprietary website.
Lasso is the first-of-its-kind property data collection platform that streamlines RFI responses for corporate location decision makers. Co-developed by GLS in 2021 with Midwest utility provider Evergy, Lasso provides economic development organizations a space for stakeholder collaboration and offers total data recall, a feature that allows registered participants to pull saved sites and build data into an RFI for consideration.
The acquisition, announced on January 25, purchased Evergy’s shares of the Lasso and LOIS applications to assume full ownership. Collectively, the acquisitions further substantiate GLS’s dominance of SaaS solutions for corporate and economic development location services.
The MMM team led by Patrick McKenzie includes Sarah Moy and Matt San Roman.