M&A Deal Summary

ECI Software Solutions Acquires Spruce Computer Systems

On January 14, 2015, ECI Software Solutions acquired software company Spruce Computer Systems

Acquisition Highlights
  • This is ECI Software Solutions’ 3rd transaction in the Software sector.
  • This is ECI Software Solutions’ 3rd transaction in the United States.
  • This is ECI Software Solutions’ 1st transaction in New York.

M&A Deal Summary

Date 2015-01-14
Target Spruce Computer Systems
Sector Software
Buyer(s) ECI Software Solutions
Deal Type Add-on Acquisition

Target

Spruce Computer Systems

New York, New York, United States
Spruce Computer Systems, Inc. is a provider of software solutions for lumberyards, building materials suppliers and home centers.

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Buyer(S) 1

Buyer

ECI Software Solutions

Fort Worth, Texas, United States

Category Company
Founded 1998
Sector Software
DESCRIPTION

ECI Software Solutions is a provider of industry-specific business software solutions and services, focusing on cloud-based technologies. ECI has served small to medium-sized manufacturing, wholesale/retail distribution, building and construction, and field service organizations. ECI Software Solutions was founded in 1998 and is based in Fort Worth, Texas.


DEAL STATS #
Overall 3 of 26
Sector: Software M&A 3 of 17
Type: Add-on Acquisition M&A Deals 3 of 25
State: New York M&A 1 of 1
Country: United States M&A 3 of 19
Year: 2015 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-05 Red Cheetah Software

Austin, Texas, United States

Red Cheetah Software LP is the ideal solution for small and growing office products dealers in search of value-driven technology that’s easy to use and affordable.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-01 Naverisk

Auckland, New Zealand

Naverisk Ltd. is a developer of a SaaS-based Remote Monitoring and Management (RMM) and Service Desk solution designed to help managed services providers (MSPs) and other IT service professionals support their customers more effectively.

Buy -