ECi Software Solutions acquired by Carlyle Group
| 12 March, 2014
Business management and e-commerce software provider ECi Software Solutions has been acquired by global alternative asset manager The Carlyle Group. 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.
"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.”