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ECI Software Solutions has finalised its acquisition of ProfitKey International, an enterprise resource planning (ERP) platform for discrete manufacturers. The purchase aims to enhance ECI's existing manufacturing software portfolio and solidify its commitment to supporting businesses in this sector. The financial terms of the transaction were not disclosed.
Trevor Gruenewald, ECI Software Solutions' chief executive officer, expressed enthusiasm about the acquisition, stating, "We're excited to welcome ProfitKey and its impressive customers to the ECI family. The world-class ProfitKey ERP and the expertise of the team have greatly impressed us. By joining together, we can continue to invest in the success of manufacturing businesses and their evolving industry needs. Our goal is to provide even greater value to manufacturing businesses and ensure a bright future for all our customers."
ECI Software Solutions has been delivering industry-specific software solutions for over 25 years, helping small to medium-sized businesses worldwide manage their operations efficiently and grow profitably.
Kevin O'Keefe, chief executive officer of ProfitKey, also shared his excitement about the acquisition. "I am very excited about this news and the great value it will provide to all the ProfitKey stakeholders. Our investors are receiving a fair return on their capital while our customers are benefiting from the additional resources that ECI brings to their long-term success. ProfitKey's employees will realise greater opportunities for career and personal growth by joining a larger, global organisation like ECI."
ProfitKey's team will integrate into ECI's manufacturing division, the company's largest business unit. The existing software, support, and processes familiar to ProfitKey's customers will remain unchanged to ensure a smooth transition.
