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ECI Closes Acquisition of Dutch Manufacturing Software Provider Trivest Beheer
Friday 11 October 2019

11 October 2019 - US-based cloud-based business management solutions provider ECI Software Solutions has completed the acquisition of Netherlands-based Trivest Beheer B.V., a provider of smart vertical software solutions to the SME manufacturing sector, the company said.

ECI previously announced on August 13 that it had signed a definitive agreement to acquire Trivest, with completion subject to specified regulatory approvals and closing conditions.

Terms of the deal were not disclosed.

Trivest provides industry-specific software solutions for small to mid-sized companies in the manufacturing sector.

Its solutions include ERP (enterprise resource planning) software, APM (advanced production management system) software, MES (manufacturing execution system) software, CAD/CAM design software, business intelligence solutions and mobile applications.

This acquisition, which is ECI's largest to date, will significantly expand ECI's presence in Europe.

Trivest's nearly 3,000 customers and nearly 300 employees will join ECI's Manufacturing Division, which serves small and medium-sized manufacturers in North America, Europe and Australia.

The Trivest Software Group has its head office in Apeldoorn and consists of eight cooperating companies that focus on providing software solutions and services for the manufacturing industry in the Benelux and beyond.

These are Ridder Data Systems in Harderwijk, Trimergo in Apeldoorn, Bemet International in Veenendaal, Proteus Systems Europe in Waardenburg, Wintheon in Hengelo, Inventive in Rijswijk and GNB in Emmeloord.

The Trivest Software Group also has a branch in Zele, Belgium.

ECI provides industry-specific business software solutions 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 organisations.

Privately held, ECI is headquartered in Fort Worth, Texas, USA, with offices throughout the US, Canada, Mexico, England, the Netherlands, and Australia.
Details
Date Published: 11/10/2019
Target: Trivest Beheer B.V.
Country: Netherlands
Sector: Computer Software
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: ECI Software Solutions
Comment:
Terms of the deal were not disclosed

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