Auto Service World
News   August 20, 2007   by Auto Service World

Activant Acquires Intuit Eclipse


Activant Solutions Inc., a provider of vertical business management solutions, today announced that the company has completed the purchase of the Intuit Eclipse Distribution Management Solutions business from Intuit Inc. Under the terms of the agreement, Activant acquired the Intuit Eclipse business for approximately US$100.5 million in cash, subject to potential post-closing adjustments.
Intuit Eclipse is an enterprise software provider to the wholesale distribution segment, servicing more than 600 wholesale distributors in verticals ranging from electrical, plumbing, HVAC and building materials to industrial, janitorial and other durable goods supplies.
The Eclipse product is a comprehensive enterprise software solution, offering order and inventory management, purchasing, pricing, financial management, business reporting and analyses, and warehouse management.
The acquisition strengthens Activant’s position with larger wholesale distribution businesses and is an additional step in its corporate strategy to offer retail and distribution technology solutions that scale from independently owned small businesses to large national consolidators.
Activant will sell, support and enhance the product under the brand name Activant Eclipse.
“Today, we bring together two strong technology providers to better service our customers in the wholesale distribution segment,” said Pervez Qureshi, president and CEO of Activant.
“The addition of the Eclipse product specifically strengthens Activant’s position in the plumbing market, as well as our leadership position in the electrical industry.”
Activant Solutions Inc. is a technology provider of vertical business management solutions serving small and medium-sized retail and wholesale distribution businesses.
The company serves three primary vertical segments: automotive aftermarket, hardlines and lumber; and wholesale distribution.


Print this page

Related


Have your say:

Your email address will not be published.

*