Decade Software is based in Fresno California, and was founded in 1986. Decade provides SaaS environmental health and safety software, and sells primarily into the State and County government space. The solution is focused on meeting the needs of inspectors such as those monitoring restaurants, bars, pools, water supplies, and other public and private facilities that are subject to health inspection and regulation. Although Decade has customers across the US and elsewhere, most notable is that 55 of the 58 counties in California are Decade customers. Decade was acquired by Accela, Inc. based in San Ramon, CA, a leader in civic solutions for governmental agencies of all sizes, in a highly strategic deal that will allow Decade to expand its reach into new markets.
We engaged Corum to obtain liquidity for some of our shareholders. With their assistance we were able to accomplish this objective and the preparation work helped us to eventually secure a significant investment from the venture capital community…we are happy with the outcome.