Add-on Acquisition • Software

Solarsoft Business Systems Acquires Progressive Solutions

On May 31, 2012, Solarsoft Business Systems acquired software company Progressive Solutions

Acquisition Context

This is Solarsoft Business Systems’ 5th transaction in the Software sector.
This is Solarsoft Business Systems’ 3rd transaction in Canada.
This is Solarsoft Business Systems’ 2nd transaction in British Columbia.

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M&A Deal Summary
Date	May 31, 2012
Target	Progressive Solutions
Sector	Software
Buyer(s)	Solarsoft Business Systems
Deal Type	Add-on Acquisition

Target Company

Progressive Solutions

Richmond, British Columbia, Canada

Progressive Solutions is a provider of enterprise management software for producers, manufacturers and distributors in the lumber and building materials supply chain.

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Buyer Overview 1

Buyer

Solarsoft Business Systems

Basingstoke, Ontario, United Kingdom

Category	Company
Founded	1998
Sector	Software

DESCRIPTION

Solarsoft Business Systems Ltd. is a provider of enterprise resource planning (ERP) software to small and medium-sized enterprises (SMEs) in the building supply chain, wholesale distribution and other specialist product markets in the UK.

Deal Context for Buyer	#
Overall	5 of 5
Sector: Software	5 of 5
Type: Add-on Acquisition	5 of 5
State: British Columbia	2 of 2
Country: Canada	3 of 3
Year: 2012	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2010-04-29	Informance International Northbrook, Illinois, United States Informance International is a provider of enterprise manufacturing intelligence solutions to companies worldwide.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2010-04-29

Informance International

Northbrook, Illinois, United States

Informance International is a provider of enterprise manufacturing intelligence solutions to companies worldwide.

Buy

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