M&A Deal Summary

N. Harris Computer Acquires AEK Computers

On May 31, 2007, N. Harris Computer acquired software company AEK Computers from Thoroughbred Software International

Acquisition Highlights
  • This is N. Harris Computer’s 7th transaction in the Software sector.
  • This is N. Harris Computer’s 6th transaction in the United States.
  • This is N. Harris Computer’s 1st transaction in Illinois.

M&A Deal Summary
Date 2007-05-31
Target AEK Computers
Sector Software
Buyer(s) N. Harris Computer
Sellers(s) Thoroughbred Software International
Deal Type Divestiture

Target

AEK Computers

Schaumburg, Illinois, United States
AEK Computers, Inc. is a provider of management consulting services and offers solutions in the areas of general accounting, fund accounting, recreation systems, municipal systems, and data management.

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Buyer(S) 1

Buyer

N. Harris Computer

Ottawa, Ontario, Canada
Category Company
Founded 1976
Sector Software
DESCRIPTION

N. Harris Computer Corp. is a provider of software solutions for utilities, healthcare, local governments, public safety, and schools throughout the US and Canada. Harris' focus is to acquire businesses with growth potential, manage them well and then build them for the future. N. Harris Computer Corp. was established in 1976 and is headquartered in Ottawa, Ontario.

DEAL STATS #
Overall 8 of 79
Sector (Software) 7 of 54
Type (Divestiture) 1 of 14
State (Illinois) 1 of 4
Country (United States) 6 of 54
Year (2007) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-04 Trio Software

Bangor, Maine, United States

Trio Software Corp. is a vendor of software solutions for local government and schools based in Bangor, Maine.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-02 MainStreet Software

Salisbury, Maryland, United States

MainStreet Software Corp. is a provider of software solutions and supports integrated software applications for local governments and utilities.

Buy -

Seller(S) 1

SELLER

Thoroughbred Software International

Somerset, New Jersey, United States
Category Company
Founded 1982
Sector Software
DESCRIPTION

Thoroughbred Software International, Inc. has been providing mission critical business solutions to developers and end–users since 1982. Company provide software solutions that allow evolution, not revolution. Maintaining a software application's competitive edge means adopting new technologies built on an existing platform. Thoroughbred's growing family of products is designed to provide the evolutionary path needed to adopt new technologies quickly. Company provide a path for software developers who also support non–Thoroughbred–based solutions to communicate with their Thoroughbred solutions.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2007) 1 of 1
Mergr

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