Tags: Acquisition

KCS acquires IQ Retail ERP business

Kerridge Commercial Systems (KCS) has announced that it has reached an agreement to acquire IQ Retail. Founded in 1986 and based in Stellenbosch, South Africa IQ Retail is a software development company that creates retail and ERP solutions. It is the leading POS solution in South Africa and is distributed through 160 business partners across…

Sage buys Compass for SME ecommerce analytics

Sage has announced that it has reached an agreement to acquire Compass. Based in San Francisco Compass provides dashboards with automated management reports and benchmarks for small and medium sized online businesses. With more than 34,000 signed up customers, it helps track business performance across both ecommerce platforms and marketing initiatives. Benchmarks provide companies with the…

Infor acquires Ciber practice

Ciber has announced that it is to sell its Infor practice to Infor for $15 million. Ciber mainly delivers Infor CloudSuite Corporate solutions (formerly Lawson). It has operations in several countries in North America and Europe including the US and the UK. This is not the first partner that Infor has acquired recently. It announced the…

Infor accelerates growth in IMEA with acquisition

In a double announcement Infor has announced strong growth in its IMEA region and the acquisition of Accentia Middle East. Strong growth in IMEA In July last year Tarik Taman, VP and General Manager of Infor IMEA took control of his new region. In the last six months he has successfully led it to triple digit…

Things to consider when buying a business in the UKs

According to a report by BDO, M&A (Merger and Acquisition) deal activity showed a huge jump in Q4 2016 compared to Q3 2016. It was also a record for quarterly M&A activity since Q2 2008. In the final quarter of 2016, trade buyers completed 672 deals and showed no signs of reducing their appetite for…

ECi acquires home building ERP Mark Systems

ECi Software Solutions has announced the acquisition of American Management Enterprises, which trades as Mark Systems. Based in Mt Holly, NJ. Mark Systems produces IHMS, an ERP solution for home builders. Smart purchase by ECi The purchase will see ECi bring together the home building ERP solution with their lumber and building materials software. At present there…

Sage acquires Fairsail

Sage announced today that it has reached an agreement to acquire Fairsail. The announcement comes a few days after Fairsail revealed impressive results in 2016 with revenues of £10 million. We speculated back then that Sage might acquire the cloud HCM company. It has happened sooner than we predicted but perhaps Sage felt that they needed…

Aptean on acquisition hunt

Aptean has announced the acquisition of irms|360 Enterprise Solutions for an undisclosed amount from Upp Technology. Will Vista Equity now keep possession of Aptean? Reuters recently reported they were looking to sell for $1bn including debt (source:Reuters) What are they buying? Aptean already has several supply chain products. This includesRoss ERP, Ross Supply Chain Planning, IMI Supply…

Is the future bright for technology companies in the UK

… or Life after Brexit Britain’s thriving technological businesses is under close scrutiny since that day in June when Britain voted to leave the EU. Most in the digital sector favoured staying in the EU and now find themselves in unchartered territories. I remember speaking to a US games development company who were thinking of…

Epicor acquires docSTAR

Epicor announced that it has acquired docSTAR for an undisclosed sum. The deal closed on January 3rd. This is unlikely to be the last acquisition by the ERP company as they look to expand further following the change of ownership last year. They were sold by Apax Partners to KKR & Co. What do others think? docSTAR…