Announced
Financials
Tags
Pending
Private Equity
United States
analytics
Natural
Software
Acquisition
business intelligence software
Private
Single Bidder
Synopsis
Eden Capital, private equity firm has agreed to acquire MITS, an analytic platform with business intelligence for a broad base of customers within the manufacturing and distribution space. Financial terms were not disclosed. "MITS has always believed business results are the key measure of analytics success and becoming a part of this growing and evolving software suite will exponentially expand our abilities to deliver significant bottom-line value to our customers. We've seen tremendous success in the distribution and manufacturing industry, and we're excited to continue our journey with Compass Sales Solutions and Tour de Force to deliver even more value to all of our customers." Gary Owen, MITS CEO.
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