MITS acquired by Eden Capital
MITS, an analytic platform with business intelligence within the manufacturing and distribution space, has been acquired by Eden Capital.
Based in Seattle, MITS offers business intelligence software that includes in-depth dashboards, reports and scorecards to boost productivity and help businesses make better decisions.
Eden Capital is a sector-focused private equity firm that also owns Compass Sales Solutions and Tour de Force.
Combining MITS with the product offerings of Compass Sales Solutions and Tour de Force allows these three companies to expand value for their customers by integrating CRM and BI / analytics into a single platform for existing and new customers, the company said in a press release announcing the acquisition.
"MITS has always believed business results are the key measure of analytics success and becoming a part of this growing and evolving software suite will exponentially expand our abilities to deliver significant bottom-line value to our customers," said Gary Owen, CEO, MITS. "We've seen tremendous success in the distribution and manufacturing industry, and we're excited to continue our journey with Compass Sales Solutions and Tour de Force to deliver even more value to all of our customers."
MITS, combined with Compass Sales Solutions and Tour de Force, will help empower the manufacturing and distribution verticals with business intelligence and seamless ERP integration to help solve challenges, seize opportunities and make decisions that move the needle.
"We consistently look for ways to better serve our customers with software solutions that help improve business efficiencies and increase revenue," said Doug Braun, CEO, Tour de Force. "All three solutions evolving together allows us to offer a stronger, more robust offering that will have a positive impact on our customers' bottom line."
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
