Tagged With "Thoma Bravo"
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Re: For HP, Copiers May Not Be A Cinch
Bravo! Thank you for a couple of additional great concepts that I had not yet thought of, Art. My toolbox just got bigger! -Greg Thanks Jim.
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Re: Nuance Imaging Division was just sold to Kofax for $400 Million Cash
Vince THanx for this. I just pulled up a recent Wikipedia on them: Thoma Bravo Purchases Kofax [ edit ] Thoma Bravo , a private equity and growth capital firm , secured the July 2017 acquisition of Lexmark’s Enterprise Software business which consists of three entities: Kofax, ReadSoft , and Perceptive Software. [36] Following this, Kofax and ReadSoft would combine into a single, newly independent Thoma Bravo portfolio company. [37] The First Mile [ edit ] The “First Mile” is a trademark of...
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ConnectWise, Continuum, and Thoma Bravo. Oh, the possibilities are becoming probable
Well, it’s not just Office Supply and Print Service Resellers who are witnessing changes which pose both opportunities, and threats to their Status Quo. When Sycamore Partners the Private equity firm who owns Staples bought the office supply wholesaler Essendant - many office products re-sellers became gravely ill knowing that their product’s wholesaler was now owned by their competitor. As the dust was settling on the Essendant deal. Staples buys DEX Imaging a mega copy/print dealer. It is...
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ConnectWise sells to private equity firm in a deal that spotlights tech in Tampa Bay
ConnectWise, a managed IT services provider and software developer in Tampa, has agreed to be acquired by Thoma Bravo, a technology-focused private equity firm. Financial terms were not disclosed, but the deal likely represents one of the largest sales to date of a locally owned privately-held firm. Arnie Bellini The deal spotlights Tampa Bay as the next technology haven, because of the significance and size of the transaction, said Arnie Bellini, ConnectWise co-founder and CEO. Not only is...
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UBIX showcases high-tech machines
By Marianne L. Saberon-AbalayanThursday, September 22, 2011INDUSTRY leader UBIX Corporation made another milestone in digital printing as it showcased three of its newest, top-of-the-line and modern equipment in an open house that will run until...
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MMRGlobal Plans on Announcing Increased Revenues on March 30
LOS ANGELES, CA, Mar 19, 2012 (MARKETWIRE via COMTEX) -- MMRGlobal, Inc., a leading provider of Personal Health Records (PHRs), MyEsafeDepositBox storage solutions and electronic document management and imaging systems for healthcare professionals,...
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Canon & Ricoh Courting Lexmark International
Lexmark International Inc., the computer-printer maker working with Goldman Sachs Group Inc. to seek strategic alternatives, has attracted first-round bids from private equity firms Thoma Bravo and Vista Equity Partners for its software division, according to people familiar with the situation. The company has separately received interest from Japanese companies including Canon Inc. and Ricoh Co. for its hardware unit, said two of the people. As part of its strategic review, Lexmark is...
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Thomas Reprographics Changes Name to Thomas Printworks to Best Reflect Full Range of Services
DALLAS--( BUSINESS WIRE )--Thomas Reprographics has rebranded as Thomas Printworks to best communicate the full-service print company’s complete range of offerings. Originally founded as Thomas Blueprint in 1956 by B.J. Thomas, grandfather of current CEO Bryan Thomas, the company was initially established to serve the architectural, engineering and construction industries. Since then, the company has transformed into a national print services company serving multiple industries, including...
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Hyland Software is said to be closing in on a giant purchase
Hyland Software Inc. of Westlake could be in line to make a giant acquisition. Reuters reports that the business software company "is nearing a deal to acquire the software division of printer maker Lexmark International Inc. for nearly $1.5 billion, according to people familiar with the matter." Hyland "has outbid private equity firms in an auction for Lexmark's enterprise software group, known as Kofax, and may reach a deal as early as next week, the sources said this week," according to...
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Are Master Service Providers Profitable? Isn't it time MSPs Asked?
I have always believed the Master Service Provider business model to be unscalable in providing the MSPs who use them a differentiator. I also believe Master Service Providers have financially unsustainable models without continuous outside investment dollars. However, If everything is perfect with the Master Service Provider deliverable, it would be an excellent service to the industry for all Master Service Providers to share the financial numbers highlighting their success. I am sure I am...
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Digital Textile Printing: Explosive Growth Continues
SPGPrints recently opened the Experience Center to showcase its digital printing technologies including the PIKE® single-pass printer. The latest offerings from digital textile printing solutions providers continue to advance this fast-growing area for textile decoration. TW Special Report D igital printing technologies are rapidly increasing and improving, and are slowly changing the face of the textile printing industry. At ITMA 2015 held in Milan, the growth in digital textile printing...
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Master IT Service Providers, Will They Continue Being the Masters?
After experiencing Master Service Providers first hand as the COO with a very successful Managed IT Security and Services Firm, I wanted to share some thoughts regarding how I see the future of these providers. First, I must say that I am not a fan or proponent of outsourcing to Master Service Providers in today's world of commoditizing IT. Master Service Providers attempts to scale the complexities of more sophisticated MSP's customers is hampered by their need to continue to support the...
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Re: Canon & Ricoh Courting Lexmark International
http://www.industryweek.com/ch...ct-thoma-bravo-vista
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Industry Notes 6-14-2015.pdf
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Dealer acquisition update
Dealer acquisition update WiZiX Technology Group Inc., headquartered in Roseville, CA, announced it has acquired Intelligent Copier Solutions of Rohnert Park, CA o WiZiX now has 5 locations in NorCal - Hyland Software of Westlake, Ohio, owned by Thoma Bravo, announced it has acquired Alfresco Software of Boston, Mass
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Document Imaging Channel, What's different besides PPE?
Every year the industry has its dealer recognitions, and it's an excellent time for the channel's actors to check out what their peers are doing, how they are improving, and what new exciting things they are up to. This year I was looking forward to the ENX publication which profiles many of the channel's dealers. I was very interested in what the dealer community would share about the worst year in the industry's history. Wow, what a surprise when the magazine hit the streets. (I will...
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The Week in Copiers Five Years Ago
The Week in Copiers Five Years Ago Third Week of February 2016 It's 7:20AM and I've been awake since 5AM because of our anticipated snow storm in New Jersey. As I write this the snow is coming down heavy and I would say it;s about an inch an hour. I do enjoy the snow days because they give me a chance to finish up odds and ends along with prepping for the next few days. Enjoy These Awesome Copier Threads from Five Years Ago this Week Who would have thought that Canon, Ricoh, Sharp &...
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Cybersecurity Notes
The average ransom payment to ransomware operators is now $220,298, up 43% YoY, according to Coveware Security Reverb Inc. headquartered in Chicago, IL, notified an unknown number of users for its musical instrument marketplace website that their info may have been exposed during recent data breach. Sapphire Community Health of Hamilton, MT notified 4,000 patients that their PHI was stolen during recent ransomware attack. Centennial School District of Portland, Oregon notified 6,100 students...
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MSP, MSSP and IT Notes Industry May 10th, 2021
MSP, MSSP, and IT Industry Notes Sponsored by May 10th, 2021 Arcoa Group Why partnering with ARCOA makes sense Electronics Recycling is an important and profitable part of the IT asset lifecycle, but it can be overwhelming with all you already do, varying state regulations, and the limited resources at hand. That’s where ARCOA comes in. When you partner with ARCOA, you get all the benefits of a big company without any of the capital investment. We’ve been doing this since 1989 and have the...
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Kofax partners for new education solution
Kofax partners for new education solution Kofax, headquartered in Irvine, CA, is owned by Thoma Bravo - Announced partnership with Coforce Software of Ede, Netherlands - To help education institutions implement RPA (robotic process automation)
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Kofax makes acquisition of competitor
Kofax makes acquisition of competitor Kofax, which is owned by Thoma Bravo, is headquartered in Irvine, CA, and maker of document capture, RPA, and print management solutions - Announced it has acquired Printix.net ApS, headquartered in Denmark. - Provider of cloud-based SaaS (software-as-a-service) print management software - Kofax will extend this offering to its dealers - Purchase price not announced
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IT, MSP & MSSP Industry Notes
Sponsored by August 22nd, 2021 Arcoa Group Why partnering with ARCOA makes sense Electronics Recycling is an important and profitable part of the IT asset lifecycle, but it can be overwhelming with all you already do, varying state regulations, and the limited resources at hand. That’s where ARCOA comes in. When you partner with ARCOA, you get all the benefits of a big company without any of the capital investment. We’ve been doing this since 1989 and have the expertise, certifications, and...
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Kofax to be sold?
Kofax to be sold? Bloomberg News is reporting that Thoma Bravo is considering selling off the software company which specializes in RPA, document capture and print management. Thoma Bravo, which also owns Hyland Software, acquired Kofax in 2017 Article states that it may sell Kofax for as much as $3 billion
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Kofax offer to acquire was rejected
Kofax offer to acquire was rejected Tungsten Software of London, England announced it has rejected an offer from Kofax Software to acquire the firm Tungsten make an electronic invoicing and purchase order solution platform Was offer 50.5 million pounds to sell out (Kofax’s parent, Thoma Bravo, is reported looking to sell Kofax)
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Kofax offers new version of solution
Kofax offers new version of solution - (Kofax is owned by Thoma Bravo, which also owns Hyland Software) - Added features to its TotalAgility intelligent automation platform (aka robotic process automation) - On-premise or cloud-based solution - Improved intelligent document processing - Low code workflow design - Added data centers in Australia and Europe - New digital workforce management console
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Kofax Acquired – Again
It wasn’t a surprise as it became common knowledge that Kofax was on the block earlier this year. So to nobody’s surprise, Kofax’s owners, Thoma Bravo, announced that it had sold the company to Clearlake Capital and TA Associates this past week. At the time, the asking price was circa $3B, and something a little north of that seems to have been the final sale price. The valuation seems high for a mature, slow growth product line with approximately $700-800M in annual sales. However, with...
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Kofax acquires B2B e-invoicing network Tungsten -
Intelligent automation software platform Kofax has acquired B2B e-invoicing network Tungsten for an undisclosed amount. Founded in 2000, Tungsten facilitates invoice-to-pay processes by digitalising invoices using automation. Headquartered in London, Tungsten enables suppliers to submit tax compliant e-invoices in 54 countries. The company processes invoices for 60% of the FTSE 100 and 68% of the Fortune 500. In 2021, Tungsten processed transactions worth over USD 270 billion for clients...
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Kofax finalizes acquisition of Ephesoft
Kofax finalizes acquisition of Ephesoft Kofax was recently sold by Thoma Bravo to TA Associates/Clearlake Capital Group Kofax acquired Ephesoft, a document capture with intelligent document processing (IDP) solution provider Provides handwritten text recognition via cloud OCR (optical character recognition) 88% accuracy rate for handwriting and cursive recognition Offers Semantik AI Engine for data extraction
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Proof that cybersecurity is growing in importance
Proof that cybersecurity is growing in importance Thoma Bravo, a private equity company, announced it will spend $1.3 billion to buy Magnet Forensics Based in Waterloo, Canada, markets suite of digital forensic tools and incident response solutions Has already acquired Ping Identity, SailPoint, Sophos, Imperva, LogRhythm, AppOmni, Proofpoint and Venafi
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MSP & MSSP Industry Notes for February 5th, 2023
IT, MSP & MSSP Industry Notes Sponsored by February 5th, 2023 Arcoa Group Why partnering with ARCOA makes sense Electronics Recycling is an important and profitable part of the IT asset lifecycle, but it can be overwhelming with all you already do, varying state regulations, and the limited resources at hand. That’s where ARCOA comes in. When you partner with ARCOA, you get all the benefits of a big company without any of the capital investment. We’ve been doing this since 1989 and have...
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BTA’s ProFinance 3.0 to Be Held March 8-9
BTA’s ProFinance 3.0 to Be Held March 8-9 Space is limited for this workshop; register today to reserve your spot Kansas City, MO — On March 8-9, the Business Technology Association (BTA) will host its ProFinance 3.0 workshop at BTA member dealership Novatech Inc. in Nashville, Tennessee. Space is limited for this workshop and registrants are confirmed on a first-come, first-served basis, so register today to reserve your spot. Since 2001, the principles taught in this workshop have...
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Dealer acquisition
Dealer acquisition Mega dealer Pacific Office Automation announced it has acquired Fenton’s Office Solutions, headquartered in Idaho Falls, Idaho Fenton’s serves parts of Idaho, Wyoming and Montana ConnectWise is being put up for sale by its owner, Thoma Bravo, according to a report from CRN magazine Is a large managed IT services provider, headquartered in Tampa, Florida more than 3,000 employees worldwide Was acquired by Thoma Bravo in 2019 Bain Capital, a private equity firm, is rumored...
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This Week in the Copier Industry 5 Years Ago
This Week in the Copier Industry 5 Years Ago First Week of March 2019 Real Copier Sales Digital technologies, social platforms, sales enablement tools and modern business practices have changed the sales profession. The days of wining and dining your clients, leaving them with fancy brochures, pens and logo-covered notepads is over. They expect so much more from you, as they should.... more here View These Awesome Copier Threads Below Konica Minolta awards top performing channel partners at...