Advised Trivest, a leading provider of ERP and related software solutions to SMEs in the manufacturing sector, on its sale to ECI Software Solutions
Aug 2019
acquired by
  • Sector: Industrial Tech; Application Software
  • Deal Type: Strategic Deals; Founder-led Businesses; Private Equity Deals
  • Engagement type: Sellside
  • Size: <$200m
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Arma Partners is pleased to announce that it has acted as exclusive financial advisor to Trivest on its pending sale to ECI Software Solutions, a portfolio company of Apax Partners. Headquartered in Fort Worth, Texas, ECI Software Solutions is a leader in cloud-based business management solutions.

Trivest provides industry-specific software solutions for small to mid-sized companies in the manufacturing sector, including ERP (enterprise resource planning) software, APM (application performance management) software, MES (manufacturing execution system) software, CAD/CAM design software, business intelligence solutions and mobile applications. Together, the Trivest suite of software and SaaS solutions optimises and automates processes across the entire value chain for customers in 27 countries.

With this acquisition, Trivest’s nearly 3,000 customers and more than 300 employees will join ECI’s manufacturing division. This combination will significantly expand ECI’s presence in the Benelux region and across Europe.

The transaction is expected to close in the third quarter of 2019, subject to customary closing conditions including regulatory approval by the Netherlands Authority for Consumers & Markets (Autoriteit Consument & Markt).

This transaction demonstrates Arma Partners’ continued activity and deep sector expertise in the industrial technology sector and reinforces our long-standing track record of orchestrating transatlantic exits to North American strategic buyers.