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Private equity firm Eden Capital on July 1 announced its acquisition of MITS, an analytics platform for manufacturers and distributors. The deal joins MITS with sister companies Compass Sales Solutions and Tour de Force.
MITS’ industry-specific analytics platform features customizable dashboards and reports. Combining MITS with Compass Sales Solutions’ product offerings and Tour de Force will will integrate CRM and BI/ analytics into a single platform for existing and new customers, according to the company.
“MITS has always believed business results are the key measure of analytics success and becoming a part of this growing and evolving software suite will exponentially expand our abilities to deliver significant bottom-line value to our customers,” says Gary Owen, CEO, MITS. “We’ve seen tremendous success in the distribution and manufacturing industry, and we’re excited to continue our journey with Compass Sales Solutions and Tour de Force to deliver even more value to all of our customers.”
Adds Doug Braun, CEO, Tour de Force, “We consistently look for ways to better serve our customers with software solutions that help improve business efficiencies and increase revenue. All three solutions evolving together allows us to offer a stronger, more robust offering that will have a positive impact on our customers’ bottom line.”
The MITS business intelligence software includes dashboards, reports and scorecards designed to boost productivity and business decision-making. Compass Sales Solutions provides a software suite to the copy and print industry that automates the sales process, provides analytics and aims to improve business efficiencies. Tour de Force provides manufacturers and distributors with a range of tools in customer relationship management, business intelligence and sales force automation.