News and Analysis

News and Analysis (15670)

BILL.COM SEES ORGANIC, M&A GROWTH

 Bill.com experienced  sharp revenue growth during the second quarter ended December 31. But the payments software company spent the increases to support further growth.

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SPRINGBROOK SOFTWARE BUYS PUBLIQ

 Springbrook Software has acquired Publiq Software in a deal that brings together to companies that serve local governments and agencies. Terms were not disclosed.

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EXACT SELECTS SENIOR LEADERS  

 Exact, based in the Netherlands, has named three new executives. The appointments represent an expansion of the ERP software vendor’ leadership team.

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ACUMATICA NAMES 2022 MVPS

Acumatica has named its MVPs for 2022. The cloud software company recently announced honorees in three categories with 30 customers, 70 partners and 21 developers selected.

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SAGE REVS RISE 5 PERCENT

 Sage has reported that revenue for the first quarter ended December 31 rose by 5 percent year-over year. Revenue for the most recently ended period was approximately $622.3 million, according to a recent trading update.

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VAR ARGANOARBELA NAMES PREZ

 

ArganoArbela, a Dynamics reseller, has named Charlotte McCormick as president. Based in Irvine, Calif., the firm made the Microsoft Inner Circle last year. Argano, which is portfolio company of private-equity firm, Trinity Hunt Partners, acquired Arbela Technologies. The VAR has 268 employees on LinkedIn. McCormick joined Arbela as senior director of strategic engagement and innovation in December 2019. Before that, she joined DXC Technology as manufacturing industry business leader for one year three months. She spent 13 years seven months with EBECs, where she was a director for four years and an executive VP from April 2017 through December 2019.

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SAGE: YEAR FOR PRICE INCREASES

Sage will be raising prices this year, after halting pricing action for the pandemic. The company did not discuss specific pricing changes in the recent first-quarter trading update given by CFO Jonathan Howell.

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ACUMATICA READIES INDUSTRY CERTIFICATIONS

Acumatica is introducing certification for its industry editions with the new partner year that starts in April. The cloud software is retooling its requirements to support the move.

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ALITHYA PAYS $49.2M FOR TRAINING BIZ

 Dynamics reseller Alithya has acquired Bala Cynwyd, Pa.-based Vitalyst for $49.2 million. Vitalyst markets on-demand, subscription-based Adaptive Learning to Fortune 1000 companies, offering services for the adoption of Microsoft cloud applications.

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2022/2023 A CROP OF IPOS?

Is there a wave of IPOs (well, a small one) that’s likely to hit the mid-market in the next two years? There’s an indication that since companies are beyond the heavy-duty, start-up investment in the cloud, some move into—or back into—the public market.

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