Leonard Green & Partners Acquires Majority Stake in ECI Software Solutions
November 19, 2020
Leonard Green & Partners will acquire a majority stake in ECI Software Solutions from funds advised by Apax Partners and The Carlyle Group; financial terms were not disclosed. Funds advised by Apax Partners will retain a minority stake. ECI is a Fort Worth, Texas–based provider of cloud-based ERP and vertical-market SaaS for small and medium-sized businesses, with ~1,700 employees and more than 22,000 customers.
- Buyers
- Leonard Green & Partners
- Targets
- ECI Software Solutions
- Sellers
- Funds advised by Apax Partners, The Carlyle Group
- Industry
- Cloud & SaaS
- Location
- Texas, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Apax Funds Increase Investment in ECI Software Solutions; GIC Joins with LGP
February 28, 2025
Cloud & SaaS
Apax Funds, advised by Apax Partners LLP, has reached an agreement to increase its equity stake in ECI Software Solutions and will become a co-control owner alongside Leonard Green & Partners (LGP); GIC also made a substantial new investment. The transaction is intended to support ECI’s continued growth — including accelerated M&A and international expansion — as the company continues to scale its cloud-based, industry-specific ERP and business management software.
-
ECI Software Solutions Acquires ES Tech Group
October 7, 2022
Cloud & SaaS
ECI Software Solutions has completed the acquisition of ES Tech Group, a U.K.-based B2B eCommerce software and services company. The deal expands ECI's cloud-based eCommerce portfolio and brings ES Tech's platform and growth-agency capabilities into ECI's suite to better serve SME manufacturers, distributors and wholesalers.
-
ECI Software Solutions Acquires Prosperity Computer Solutions
June 5, 2023
Software
ECI Software Solutions has acquired substantially all assets of Prosperity Computer Solutions, a provider of ProsperityERP software for the lumber, building materials (LBM) and hardlines industry, following a lawsuit settlement. Prosperity will join ECI's LBMH Group as ECI integrates Prosperity's customers and product capabilities into its industry-specific cloud and business management suite.
-
ECI Software Solutions Acquires ProfitKey International LLC
August 5, 2024
Software
ECI Software Solutions has acquired ProfitKey International LLC, a provider of ERP software for discrete manufacturers, to expand its manufacturing software portfolio. ProfitKey's team and ERP platform will join ECI’s Manufacturing division; financial terms were not disclosed.
-
Leonard Green & Partners and Hg Take Co-Controlling Stake in IRIS Software Group
December 23, 2023
Software
Leonard Green & Partners (LGP) will take a co-controlling stake in IRIS Software Group alongside existing investor Hg, with ICG remaining as a minority investor. The transaction values IRIS at an enterprise value of around £3.15 billion and is intended to support IRIS's continued scaling and expansion in North America; closing is subject to customary regulatory clearances.
-
GI Partners Acquires Majority Stake in eClinical Solutions
September 12, 2024
Cloud & SaaS
GI Partners has made a majority investment in eClinical Solutions, a Boston‑area provider of AI‑enabled clinical data cloud software and biometrics services. The capital will support product roadmap expansion, embedded AI capabilities, and global growth while Summit Partners and the founders retain minority stakes.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.