ECi Software Solutions Inc has acquired PrintFleet Inc, a Kingston, Ontario-based software company that specializes in print management and assessment solutions, training, business development and support programs for the imaging industry. No financial terms were released. ECi, a Forth Worth, Texas-based provider of industry-specific business management software and services, said the deal gives it an expanded global footprint in print and service management. PrintFleet was founded in 2003 by Chairman Brian Cosgrove. ECi was acquired last year by Apax Partners from Carlyle Group and Level Equity.
ECi continues investment into the field service industry and expands global footprint in the print and service management market
Fort Worth, TX—Thursday, January 4, 2018 ECi Software Solutions (www.ECiSolutions.com), a leader in industry-specific information technology solutions, today announced it has acquired PrintFleet Inc. of Kingston, Ontario, Canada. PrintFleet is a leader in the development of data-driven device management and assessment software solutions, as well as training, business development, and support programs for dealers, distributors, and manufacturers in the imaging industry. The company offers a range of solutions for every aspect of imaging device monitoring, maintenance, and management: PrintFleet LINK™, PrintFleet Vision™, PrintFleet Enterprise™, PrintFleet Corporate™, and PrintFleet QuickAssess™ software. Chris McFarlane will continue to serve as President of PrintFleet within ECi’s Field Service Division.
“Joining the ECi family of companies aligns with PrintFleet’s strategic initiatives, one of which is to achieve greater scale, affording us still more opportunities for growth,” said McFarlane. “As a recognized leader within the data collection and data utilization space, PrintFleet, with ECi’s support, now has greater capacity to assist our clients in bringing innovative solutions to the print industry.”
“ECi is committed to continuing to invest in the field service industry,” said Ron Books, CEO of ECi. “It is a quickly evolving industry and our goal is to provide the best technology available to help our customers stay competitive and profitable. Print and service management plays an integral role in this industry, and this acquisition gives us an expanded global footprint in print and service management. PrintFleet has a fantastic product portfolio and a dedicated team; we could not be prouder to have them join us in helping businesses achieve greater efficiency and expand their services.”
With the addition of PrintFleet, ECi serves more than 2,200 customers in field service and manages almost 10 million devices worldwide. To learn more about its products for service-centric businesses, please visit the website.
FirePower Capital served as the exclusive M&A advisor to PrintFleet regarding the transaction. Wildeboer Dellelce LLP served as legal counsel to PrintFleet with a team consisting of Rory Cattanach and Ragu Anantharajah. Bennett Jones LLP acted as legal counsel to ECi with a team comprised of Peter Westcott and Christopher Travascio (Corporate) and Philip Ward (Tax).
ECi Software Solutions provides industry-specific business management software and services, focusing on cloud-based technologies. For 30+ years, ECi has served small to medium-sized manufacturing, wholesale/retail distribution, building and construction, and field service organizations. Privately held, ECi headquarters in Fort Worth, Texas, USA, with offices throughout the U.S., Canada, England, the Netherlands, and Australia. For information, email firstname.lastname@example.org, visit www.ECiSolutions.com or call (800) 959-3367.
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Photo courtesy of ECi Software Solutions Inc