M&A Deal Summary

AFS Technologies Acquires Astra Information Systems

On May 9, 2007, AFS Technologies acquired software company Astra Information Systems

Acquisition Highlights
  • This is AFS Technologies’ 2nd transaction in the Software sector.
  • This is AFS Technologies’ 2nd transaction in the United States.
  • This is AFS Technologies’ 1st transaction in Florida.

M&A Deal Summary
Date 2007-05-09
Target Astra Information Systems
Sector Software
Buyer(s) AFS Technologies
Deal Type Add-on Acquisition

Target

Astra Information Systems

Weston, Florida, United States
Astra Information Systems has provided software solutions to fish and seafood importers, processors and distributors for over 24 years. Astra serves over 60 customers and is considered the leading software provider to the seafood industry

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Buyer(S) 1

Buyer

AFS Technologies

Phoenix, Arizona, United States
Category Company
Founded 1985
Sector Software
DESCRIPTION

AFS Technologies is a provider of fully integrated business software solutions, specifically engineered for the Food and Beverage industries. AFS new Service Oriented Architecture (SOA), based on Web Services and built on Microsoft. NET Framework 2.0, provides its customers with greater IT flexibility, increased scalability of their existing systems, and more powerful functionality, all at an affordable price. AFS Technologies was founded in 1985 and is based in Phoenix, Arizona.

DEAL STATS #
Overall 2 of 11
Sector (Software) 2 of 9
Type (Add-on Acquisition) 2 of 11
State (Florida) 1 of 2
Country (United States) 2 of 9
Year (2007) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-04-03 Distribution Management Systems

Omaha, Nebraska, United States

DMSi provides the leading business management, accounting software and integrated e-commerce solutions in the industry. Our solutions fully integrate and automate your operational processes from order processing and inventory management to purchasing and back-office. We’ve designed each software module to address the unique requirements of the lumber & building material industry — creating seamless workflow and maximizing profitability and efficiency.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-28 Sales Partner Systems

Ormond Beach, Florida, United States

Sales Partner Systems (“SPS”), a Daytona Beach, FL-based provider of sales force automation (SFA) software and database management services.

Buy -
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