Acquisition strengthens ERP vendor’s position in manufacturing systems for food and beverage, healthcare and pharmaceutical sectors
Solarsoft Business Systems announced today that it has acquired Informance International Inc., the Northbrook, Illinois based specialist in Enterprise Manufacturing Intelligence (EMI) systems. The acquisition strengthens the company's position in manufacturing systems for food and beverage, healthcare and pharmaceutical sectors.
Toronto, ON - 29 April 2010 - Solarsoft Business
Systems, an investment of Marlin Equity Partners, announced today
that it has acquired Informance International Inc., the Northbrook,
Illinois based specialist in Enterprise Manufacturing Intelligence
(EMI) systems.
Informance's software solutions give managers a clear view of
performance across their manufacturing operations. Starting with
real-time shop floor data capture, Informance aggregates production
information and presents actionable intelligence to decision makers
tracking key metrics such as OEE, yield and waste. Informance has
grown rapidly on the strength of its technology and expertise in
the food and beverage, consumer packaged goods, healthcare and
pharmaceutical sectors. The company is proud to serve a broad
client base including blue-chip names Unilever, Cargill, ConAgra
and L'Oreal among its customers.
Commenting on the transaction, Shawn McMorran, Chief Executive
Officer of Solarsoft Business Systems stated, "Informance is an
excellent fit with Solarsoft's strategy of bringing together
specialist applications that empower business owners and managers
in well-defined vertical markets. This acquisition expands our
capabilities in manufacturing systems and deepens our expertise in
important and growing markets."
"We believe that the combination with Solarsoft will provide new
momentum for the development of Informance's business," said John
Oskin, Founder and Executive VP at Informance. "Informance has a
strong presence throughout North America and the business and its
employees will now benefit from the international reach that
Solarsoft can offer."
Shawn McMorran added, "Manufacturing systems are already a
significant part of Solarsoft's business. Informance's focus on
Enterprise Manufacturing Intelligence (EMI) complements the
production and process controls systems in our Mattec product range
which is an established leader in the plastics, stamping and
die-cast manufacturing sectors. Together with Solarsoft's ERP
systems, we now have a comprehensive proposition for manufacturers;
we have strong software products and the industry expertise to help
customers get the most out of their investment with us. We are
delighted to welcome the customers, management and employees of
Informance into the Solarsoft group."
About Solarsoft Business Systems
Solarsoft provides modern enterprise software and IT services to
manufacturers, distributors and wholesale businesses in North
America, Europe and Asia. The company has grown organically and
through acquisition since 1986 and has worldwide revenues of US$100
million. Solarsoft employs more than 400 professionals providing
local support across 16 time zones. More than 2,000 companies rely
on Solarsoft to bring clarity and efficiency to their daily
operations.
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Solarsoft acquires Informance International