Add-on Acquisition • Software

BrainSell Technologies Acquires FMG Systems

On October 18, 2008, BrainSell Technologies acquired software company FMG Systems

Acquisition Context
  • This is BrainSell Technologies’ 1st transaction in the Software sector.
  • This is BrainSell Technologies’ 1st transaction in the United States.
  • This is BrainSell Technologies’ 1st transaction in Maine.

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M&A Deal Summary

Date October 18, 2008
Target FMG Systems
Sector Software
Buyer(s) BrainSell Technologies
Deal Type Add-on Acquisition

Target Company

FMG Systems

Portland, Maine, United States
FMG Systems is a sage business partner focused on customized business solutions for retail management, manufacturing/distribution, and financial accounting.
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Buyer Overview 1

Buyer

BrainSell Technologies

Topsfield, Massachusetts, United States

Category Company
Founded 1994
Sector Software
DESCRIPTION

BrainSell Technologies LLC is a business software solutions provider. BrainSell provides comprehensive ERP, CRM, and marketing automation solutions and services, including training, implementation and software development.


Deal Context for Buyer #
Overall 1 of 4
Sector: Software 1 of 3
Type: Add-on Acquisition 1 of 3
State: Maine 1 of 1
Country: United States 1 of 4
Year: 2008 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-10 AccSoft Associates

Denver, Colorado, United States

AccSoft Associates is a sage business partner focused on Accpac ERP sales, customizations and service.

Buy -