Help/Systems - PowerTech

Corum Group Ltd. guided the acquisition of its client, PowerTech Group, Inc., by Help/Systems, Inc., together with Audax Group. PowerTech is the leading security expert in managing evolving compliance and data privacy threats with automated security solutions for IBM Midrange Servers. Help/Systems develops, markets, and supports the world's leading System i software solutions.

The acquisition of PowerTech supplements Help/Systems’ product offering in the security software market. Audax will continue to work with management to execute a growth strategy focused on international markets, new product introductions, and strategic add-on acquisitions.

Seller:
PowerTech
United States
Buyer:
Help/Systems
United States
Closed:
August 2008

quotesObviously, selling your business is one of the most important events in your life, and the worry of doing the right or wrong thing at the right or wrong time is very tough on your own. The Corum advisers were on call to keep us on track, on message, and advising us when to say yes and when to say no so that we could get the best win/win deal possible.quotes

Bruce Ringrose
Summit Software, Inc.