M&A Deal Summary

ECI Software Solutions Acquires ThermoGRID

On September 3, 2020, ECI Software Solutions acquired internet software and services company ThermoGRID

Acquisition Highlights
  • This is ECI Software Solutions’ 3rd transaction in the Internet Software and Services sector.
  • This is ECI Software Solutions’ 10th transaction in the United States.
  • This is ECI Software Solutions’ 1st transaction in Iowa.

M&A Deal Summary
Date 2020-09-03
Target ThermoGRID
Sector Internet Software and Services
Buyer(s) ECI Software Solutions
Deal Type Add-on Acquisition

Target

ThermoGRID

Dubuque, Iowa, United States
ThermoGRID is a cloud-based solution that makes doing business more efficient and profitable for small to medium residential service companies. ThermoGRID was established in 2007 and is based in Dubuque, Iowa.

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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 14 of 24
Sector (Internet Software and Services) 3 of 5
Type (Add-on Acquisition) 13 of 23
State (Iowa) 1 of 1
Country (United States) 10 of 17
Year (2020) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-08 prosperityERP

Big Sandy, Texas, United States

Prosperity Computer Solutions LLC is a software company serving the lumber, building materials (LBM), and hardlines industry. Prosperity Computer Solutions is based in Big Sandy, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-09 Shoptech Industrial Software

Glastonbury, Connecticut, United States

Shoptech Industrial Software Corp. is a provider of ERP software for job shops and made-to-order manufacturers. Shoptech offers multiple apps available for Apple and Android devices. Allow your team to access the Data Collection Module, inventory and part details from their workstation. Shoptech Industrial Software was established in 1984 and is based in Glastonbury, Connecticut.

Buy -
Mergr

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