ECi continues with more acquisitions
July 17, 2019
ECi Software Solutions announced the acquisition of Spruce Computer Systems Limited.
ECi Software Solutions announced it has acquired Spruce Computer Systems Limited, a UK-based reseller of ECi’s Spruce software for managing timber, hardware and building materials businesses in the United Kingdom. Spruce Computer Systems Ltd. will become part of ECi’s LBM and Hardlines (LBMH) division, led by John Maiuri.
ECi has been selling its merchant software solutions in the United Kingdom for nearly 20 years through its partnership with Spruce Computer Systems Ltd.
The acquisition not only cements that strong relationship, but also creates an official UK presence for ECI’s LBMH division and continues ECi’s global expansion, the company explained.
This deal marks the company’s second international acquisition this month, coming on the heels of Pacsoft, a provider of inventory management and point of sale software solutions for hardware retail and trade businesses in Australia, which joined ECi on 1 July.
“ECi’s acquisition of Spruce Computer Systems Ltd. symbolises not only our continued focus on and investment in our LBMH division, but also our dedication to serving the UK market,” said Ron Books, CEO of ECi. “We have worked collaboratively with the Spruce Computer Systems Ltd team for quite some time and know that they will be invaluable assets to our team as we look to help lumber and building materials dealers using Spruce grow profitably and sustainably.”
“We have long respected ECi for its commitment to both understanding and supporting the issues that building, timber and plumbing merchants face running their businesses,” said Chris Fisher, director, Spruce Computer Systems Ltd. “As a testament to that, the very first customer we brought on over two decades ago is still with us. That kind of established trust and relationship is so rare today and makes us extremely proud to officially join the ECi family.”
The deal closed on 8 July and terms were not disclosed.
Categories : City News
Tags : Acquisition Business ECi Software
