ECi Software Solutions Acquired by The Carlyle Group
Global asset manager to support ECi's growth.
ECi Software Solutions (www.ECiSolutions.com) announces that it has been acquired by global alternative asset manager The Carlyle Group (NASDAQ: CG). Terms of the transaction were not disclosed.
ECi Software Solutions is a leading provider of industry-specific business management and e-commerce software for growing and midsize companies in a broad variety of industries, including office products, office furniture, office equipment, lumber/building materials, hardware, manufacturing, retail distribution and many more. ECi combines technological innovation with a dedicated customer focus to deliver fully integrated solutions that fuel the expansion and efficiency of every aspect of customers’ operations.
"We are very happy to partner with The Carlyle Group to continue building our leading industry-specific business and e-commerce solutions across a variety of important industries,” said Ron Books, President and CEO of ECi Software Solutions. “Carlyle is committed to investing in ECi as we support the entrepreneurial spirit and profitable growth of small and medium size enterprises. I am confident that with Carlyle, we have made the right choice for the future of our employees, our customers, and our business partners.”
Charles Rossotti, Carlyle Operating Executive, said, “ECi has developed a proven and effective capacity to provide small and medium size enterprises with technology solutions that make them competitive with much larger businesses. We believe this capacity is a very special asset for the global economy, in which small businesses generate so much innovation and job growth.”
Learn more at www.ecisolutions.com
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