iRely - Summit Software

Summit Software, based in Fort Wayne, Indiana is a leading provider of enterprise management software for the petroleum, agribusiness, cooperative and biofuels markets. Corum Group advised Summit Software in its sale to iRely.

The acquisition will extend both iRely’s and Summit Software’s reach into the domestic and international agribusiness and petroleum wholesale and retail markets.

"Obviously, 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."
- Bruce Ringrose, 
Summit Software, Inc.
Seller:
Summit Software, Inc.
United States
Buyer:
iRely
United States
Closed:
March 2010

quotesWe 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.quotes

Charles Plant
Synamics Inc.