M&A Deal Summary

CAI Acquires Robocom Systems International

On June 8, 2020, CAI acquired software company Robocom Systems International from Avantce Capital

Acquisition Highlights
  • This is CAI’s 4th transaction in the Software sector.
  • This is CAI’s 4th transaction in the United States.
  • This is CAI’s 1st transaction in New York.

M&A Deal Summary
Date 2020-06-08
Target Robocom Systems International
Sector Software
Buyer(s) CAI
Sellers(s) Avantce Capital
Deal Type Add-on Acquisition

Target

Robocom Systems International

Farmingdale, New York, United States
Robocom develops, licenses, and supports supply chain execution software solutions, including warehouse management system (WMS), third-party logistics (3PL) billing, voice technology, and labor management. The company also offers an enterprise resource planning (ERP) system that rounds out the supply chain execution offering. Robocom’s investment in research and development is keenly focused on the needs of the business leaders responsible for the day-to-day results in warehousing, distribution, third-party logistics, transportation, and trucking operations.

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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 4 of 10
Sector (Software) 4 of 8
Type (Add-on Acquisition) 4 of 10
State (New York) 1 of 1
Country (United States) 4 of 8
Year (2020) 1 of 2
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-23 Radley

Southfield, Michigan, United States

Radley Corp. is a developer of electronic data interchange (EDI) and data collection software solutions for manufacturers. Radley is based in Southfield, Michigan.

Buy -

Seller(S) 1

SELLER

Avantce Capital

Category Merchant Bank
Founded 2008
Size Small
Type Sector Focused
DESCRIPTION

Avantcé Capital is a private equity firm focused on middle-market company investments. The Firm invests in companies generating revenues up to $300 million and valued up to $150 million. Sectors of interest include software, technology, and transaction processing. Target transaction situations include leveraged buyouts, turnarounds, and special situations. Avantcé Capital was formed in 2008 and is based in the Naples, Florida.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-08-18 Robocom Systems International

Farmingdale, New York, United States

Robocom develops, licenses, and supports supply chain execution software solutions, including warehouse management system (WMS), third-party logistics (3PL) billing, voice technology, and labor management. The company also offers an enterprise resource planning (ERP) system that rounds out the supply chain execution offering. Robocom’s investment in research and development is keenly focused on the needs of the business leaders responsible for the day-to-day results in warehousing, distribution, third-party logistics, transportation, and trucking operations.

Buy -
Mergr

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