M&A Deal Summary

Plex Systems Acquires Cadent Resources

On August 9, 2016, Plex Systems acquired internet software and services company Cadent Resources

Acquisition Highlights
  • This is Plex Systems’ 1st transaction in the Internet Software and Services sector.
  • This is Plex Systems’ 1st transaction in the United States.
  • This is Plex Systems’ 1st transaction in Illinois.

M&A Deal Summary
Date 2016-08-09
Target Cadent Resources
Sector Internet Software and Services
Buyer(s) Plex Systems
Deal Type Add-on Acquisition

Target

Cadent Resources

Prospect Heights, Illinois, United States
website
Cadent Resources, Inc. (DemandCaster) is a cloud-based supply chain planning solutions.

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Buyer(S) 1

Buyer

Plex Systems

Auburn Hills, Michigan, United States

website

Category Company
Founded 1995
Sector Software
DESCRIPTION

Plex Systems is the developer of Plex Online, a Cloud ERP solution for the manufacturing enterprise. Plex Online offers industry-leading features for virtually every department within a manufacturer, including Manufacturing Execution System (MES) and Quality Management System (QMS) for the shop floor, Supply Chain Management (SCM) for procurement, Enterprise Resource Planning (ERP) for finance and management, and Business Intelligence (BI) for executive management. Plex Online’s comprehensive functional coverage delivers a “shop floor to top floor” view of a manufacturer’s operations, enabling management to run its business at maximum efficiency.

DEAL STATS #
Overall 1 of 3
Sector (Internet Software and Services) 1 of 2
Type (Add-on Acquisition) 1 of 3
State (Illinois) 1 of 1
Country (United States) 1 of 3
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-31 DATTUS

Indianapolis, Indiana, United States

DATTUS, Inc. is a provider in Industrial Internet of Things (IIoT) connectivity technologies. DATTUS solutions connect manufacturing equipment and sensors to the cloud, manage high-volume data streams, and analyze in-motion equipment data to optimize performance, reduce costs, and ensure uptime. DATTUS, Inc. was founded in 2013 and is based in Indianapolis, Indiana.

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