M&A Deal Summary

CAI Acquires Food Connex

On January 23, 2018, CAI acquired software company Food Connex

Acquisition Highlights
  • This is CAI’s 2nd transaction in the Software sector.
  • This is CAI’s 2nd transaction in the United States.
  • This is CAI’s 1st transaction in Rhode Island.

M&A Deal Summary
Date 2018-01-23
Target Food Connex
Sector Software
Buyer(s) CAI
Deal Type Add-on Acquisition

Target

Food Connex

Smithfield, Rhode Island, United States
Integrated Management Solutions is a developer of the Food Connex business management software for meat, seafood, and poultry distributors and processors, providers of dry goods, provisions, specialty items and produce.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

CAI

Smithfield, Rhode Island, United States
Category Company
Founded 1977
Sector Software
DESCRIPTION

CAI is a provider of specialized enterprise resource planning (ERP) software with industry expertise in several industry sectors, including seafood and other food processing and distribution, lumber and building materials, precious metal refining, and jewelry manufacturing. CAI was founded in 1977 and is based in Smithfield, Rhode Island.

DEAL STATS #
Overall 2 of 10
Sector (Software) 2 of 8
Type (Add-on Acquisition) 2 of 10
State (Rhode Island) 1 of 1
Country (United States) 2 of 8
Year (2018) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-07 MultiProcess Computer

Windham, New Hampshire, United States

MultiProcess Computer Corp. is a software development company, that provides solutions for document storage and management, data and database conversion, electronic data delivery, bar-coding, forms processing and data entry on electronic forms. MultiProcess Computer Corp. was founded in 1987 and is based in Windham, New Hampshire.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-19 Casco Development

Portland, Maine, United States

Casco Development is a developer of ShopVue, the manufacturing execution system (MES) software for leading manufacturers globally. ShopVue bridges the gap between the shop floor and ERP and optimizes shop floor performance, data collection, and control by managing a factory’s orders, people and machines.

Buy -
Mergr

Product

Company

Legal