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Announced

Completed

ECI Software Solutions completed the acquisition of Shoptech Industrial Software.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

enterprise resource planning

Software

Single Bidder

Acquisition

Majority

Domestic

United States

Private

Friendly

Synopsis

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ECI Software Solutions, a provider of cloud-based business management solutions, completed the acquisition of Shoptech Industrial Software, a provider of ERP software for job shops and made-to-order manufacturers. Financial terms were not disclosed. “ECI and Shoptech have a shared mission: to help manufacturers run and grow their businesses more efficiently and profitably. We are thrilled to welcome the Shoptech team to the ECI family officially and look forward to sharing best practices and innovations so that we can serve our customers even better than before,” Ron Books, ECI CEO.

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