ECi Software Solutions, a cloud-based business management solutions company based in Fort Worth, announced July 2 that it has acquired Pacsoft, a provider of inventory management and point of sale software solutions for hardware retail and trade businesses worldwide and with a significant presence in the Australian, New Zealand, and Pacific Islands markets.
The Pacsoft team and product portfolio will join ECi’s LBM and Hardlines (LBMH) Division, led by John Maiuri.
“Pacsoft’s customers face many of the same challenges that ECi’s core customer base does, so we understand what they are up against and need to effectively grow their businesses,” Ron Books, CEO of ECi, said in a news release.
“By expanding the customer base, augmenting the product portfolio and extending our geographical footprint, we can bring additional value to all of the businesses we serve. Today marks the latest, but certainly not the last, opportunity for ECi to grow by seeking out innovative and valuable business solutions in the markets we serve,” Books said.
For more than three decades, Pacsoft has provided powerful business management systems that help hardware retail and trade businesses reduce costs, improve efficiency and grow sales, ECi said in the release. The company’s in-store and mobile POS, accounting and inventory control and purchasing optimization solutions are used by more than 500 organizations worldwide.
In addition to maximizing the collective market and software expertise of both teams to best support customer success, the acquisition also allows ECi to significantly enhance its footprint in Australia.
The acquisition closed on July 1, and terms were not disclosed.
ECi is headquartered has offices throughout the U.S., Canada, Mexico, England, the Netherlands, and Australia.
– FWBP Staff