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Home » Prophet 21 Acquires DISC

Prophet 21 Acquires DISC

April 10, 2004
More about:  Mergers/Acquisitions,  Technology
Prophet 21, Yardley, PA, a provider of technology solutions for durable goods distributors, has announced the acquisition of Distributor Information Systems Corporation (DISC), Farmington, CT, a provider of enterprise software solutions and services for fluid power distributors.

DISC, founded in 1979, grew out of a fluid power distributor's homegrown system developed during the 1960s and 1970s. Pearse-Pearson Company installed its first online system in 1973, and integrated branch operations into the home office system shortly thereafter. In 1974, the company was approached to make its software system available to other distributors. By 1979, 17 systems had been installed around the U.S., and the company spun off its sister company to market and support the software.

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Prophet 21, Yardley, PA, a provider of technology solutions for durable goods distributors, has announced the acquisition of Distributor Information Systems Corporation (DISC), Farmington, CT, a provider of enterprise software solutions and services for fluid power distributors.

DISC, founded in 1979, grew out of a fluid power distributor's homegrown system developed during the 1960s and 1970s. Pearse-Pearson Company installed its first online system in 1973, and integrated branch operations into the home office system shortly thereafter. In 1974, the company was approached to make its software system available to other distributors. By 1979, 17 systems had been installed around the U.S., and the company spun off its sister company to market and support the software.

DISC now has 315 customers and 70 employees. These customers will join Prophet 21's customer base, as DISC and Prophet 21 will combine to form into a single entity called Prophet 21. DISC's products and services will be supported, marketed, and sold by Prophet 21. Prophet 21 has more than 37 years experience in the distribution industry, including some of the largest fluid power distributors in North America. Among them: Brenner, Fiedler & Associates, Flowline Components, Inc., and G.S. Hydraulic Inc.

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