Charlotte, NC; March 2, 2017 — DecisionPoint, a leader in M&A advisory services for middle-market technology companies, announced today that its client, Shoplogix, a specialist in enterprise manufacturing intelligence (EMI) applications has been acquired by FOG Software Group, a division of Vela Software and Constellation Software Inc.
Toronto-based Shoplogix provides companies with real-time visibility into their machine and production performance. Shoplogix software includes extensive cloud-based analytics, which help users achieve operational excellence by identifying barriers to performance improvement.
“Enterprise Manufacturing Intelligence is a growing area with key inputs for business and production managers,” said Mark Thompson, Chief Executive Officer of FOG Software Group. “Shoplogix EMI software is complementary to our strong portfolio of ERP, APS and MES solutions, and brings added strength in multiple vertical markets.”
“We are delighted to be part of the Constellation family, an organization that is founded on buying, managing and building great vertically focused software companies and, through the implementation of best practices, sets the foundation for the future,” said Martin Ambrose, President & CEO of Shoplogix.
“The FOG team has considerable experience in optimizing and supporting software businesses, which helps ensure long-term support for our customers.”
Following the acquisition, Shoplogix is being operated as an independent division of FOG Software. Shoplogix will continue to develop, enhance, service and support their software solutions in providing a competitive edge to customers.
Founded in 2002, Shoplogix is headquartered in Oakville, Ontario with offices in Mexico and Ireland. Shoplogix serves primarily Fortune 1000 companies in the automotive, food & beverage, consumer packaged goods, industrial packaging, and steel services industrial sectors. For more information, please visit www.shoplogix.com.
About FOG Software Group
Deerfield, IL-based FOG Software Group is a division of Toronto-based Vela Software and Constellation Software, Inc. [TSX:CSU]. The companies acquire, manage, and build software companies in a variety of vertical markets. By helping their acquired companies improve operations, grow through organic initiatives, and seek additional acquisitions that can strengthen their market position, the portfolio companies become clear leaders in their industries. For more information, please visit www.fogsoftwaregroup.com.
DecisionPoint is a unique leader in M&A advisory services for middle-market technology companies and their venture capital investors in the software, services, cleantech, biotech, healthcare IT and communication sectors. For additional information on DecisionPoint, visit www.DecisionPointINT.com.
For further information, contact: Andy Agrawal, Managing Partner; (704) 759-6162; email@example.com.