M&A Deal Summary

QAD Acquires Precision Software Limited

On September 20, 2006, QAD acquired software company Precision Software Limited for 15M USD

Acquisition Highlights
  • This is QAD’s 1st transaction in the Software sector.
  • This is QAD’s largest (disclosed) transaction.
  • This is QAD’s 1st transaction in the United States.
  • This is QAD’s 1st transaction in Illinois.

M&A Deal Summary

Date 2006-09-20
Target Precision Software Limited
Sector Software
Buyer(s) QAD
Deal Type Add-on Acquisition
Deal Value 15M USD

Target

Precision Software Limited

Downers Grove, Illinois, United States
Precision Software continues to develop industry-leading software specializing in the area of multi-modal, multi-carrier shipping, trade compliance, and international trade management. The latest service orientated version of the product, TRAXi3 offers a range of deployment options (web browser - message based - windows user interface) to meet the customers' business needs. Precision Software's knowledge and expertise extends to over 900 customer sites in more than 55 countries worldwide. With a solid customer base across multiple verticals (including healthcare, pharmaceutical, chemical, CPG, electronics, manufacturing and food & beverage), Precision Software has established TRAXi3 as a proven domestic and global trade logistics solution.

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Buyer(S) 1

Buyer

QAD

Santa Barbara, California, United States

Category Company
Founded 1979
Sector Software
Revenue 308M USD (2021)
DESCRIPTION

QAD is a provider of enterprise applications for global manufacturing companies. The company's applications provide critical functionality for managing manufacturing resources and operations within and beyond the enterprise, enabling global manufacturers to collaborate with customers, suppliers, and partners to make and deliver the right product, at the right cost and at the right time. QAD was founded in 1979 and is based in Santa Barbara, California.


DEAL STATS #
Overall 1 of 9
Sector (Software) 1 of 7
Type (Add-on Acquisition) 1 of 9
State (Illinois) 1 of 2
Country (United States) 1 of 5
Year (2006) 1 of 1
Size (of disclosed) 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-07 DynaSys SA

Schiltigheim, France

DynaSys SA is a provider of supply chain management solutions. DynaSys provides an integrated suite of demand and supply chain planning solutions. DynaSys customers are primarily in France and other countries in Europe. DynaSys has strong penetration in the luxury goods retail and distribution markets, delivering products that handle the challenges of managing complex global supply chains and fluctuating customer demand. Additionally, DynaSys targets the food and beverage and retail markets, where the ability to plan millions of items simultaneously is critical to successful supply chain optimization. DynaSys also has customers in the pharmaceutical, cosmetics and chemical markets, often supporting them in highly regulated environments.

Buy €6M