(a) identify quality acquisition candidates—platforms or add-ons—and
(b) broaden the scope of viable strategic buyers of portfolio companies, subsidiaries, or divisions that are ripe for divesting/harvesting.
So, why not invest 15 minutes of your time to Contact Us for thoughtful and creative ideas? After all, “nothing ventured is nothing gained,” as they say.
On November 27, 2017, Logility, Inc., a wholly-owned subsidiary of Atlanta-based American Software, Inc., completed the acquisition of privately-held Halo Business Intelligence, a San Diego-based supplier of advanced analytics and business intelligence solutions for the supply chain market.
- Logility (Atlanta) is a leading provider of collaborative supply chain management (SCM) and advanced retail planning solutions. Gartner’s ranking of the top 10 companies based on revenues from supply chain planning software placed Logility in 9th, with $47 million. Logility customers include Abercrombie & Fitch, Big Lots, Fender Musical Instruments, Parker Hannifin, Verizon Wireless, and VF Corporation.
- Halo (San Diego) is a leader in data visualization and advanced analytics solutions for the supply chain. (AI/machine learning.)
==> As supply chains transition towards a digital era driven by algorithmic planning and machine learning, companies need a single, integrated platform to simplify the growing complexity and abundance of both structured and unstructured data available.
==> “Supply chains are powerful interconnected ecosystems that contain enormous amounts of usable data that is left untapped by most companies,” said Allan Dow, president, Logility.
American Software, Inc. (Nasdaq: AMSWA)
As of close 29 Nov 2017:
- Market Cap: $386m | Stock Price/share: $12.94 (52wk range: $9.00 - $13.05)
- Revenues $106m | EBITDA $14 | no long term debt