TMA (Main Capital-backed) Acquires DecisionWise

Silversmith Capital Partners Leads $68M Growth Investment in TMA Systems

October 5, 2021

Software

TMA Systems, a provider of web-based Computerized Maintenance Management Systems (CMMS), has secured a $68 million majority growth investment led by Silversmith Capital Partners. The capital will fund R&D and sales & marketing to accelerate product development and go-to-market expansion for TMA's WebTMA platform.

TMA Systems Acquires Eagle Technology

October 4, 2022

Software

TMA Systems has agreed to acquire Eagle Technology, a Mequon, Wisconsin–based developer of Proteus MMX CMMS/EAM software. The deal, supported by a $68 million strategic growth investment in TMA from Silversmith Capital Partners, is intended to accelerate product innovation (IoT and predictive maintenance capabilities), expand end-market coverage into manufacturing, distribution and logistics, and add offices in Mequon and Monterrey, Mexico.

TMA Systems Acquires Facil-IT

September 9, 2025

Cloud & SaaS

TMA Systems, a Tulsa-based provider of CMMS and EAM solutions, has acquired Facil-IT, a Williston Park, New York-based CMMS purpose-built for maintenance service organizations. The add-on expands TMA's capabilities for multi-site service providers, vendor management, and configurable workflows while accelerating product innovation under TMA's PE-backed platform.

TMA Systems Acquires Maxpanda

March 14, 2023

Cloud & SaaS

TMA Systems, a Tulsa-based developer of CMMS and EAM solutions, has acquired Maxpanda, a Winnipeg-based cloud CMMS provider that serves small-to-medium businesses. The deal — TMA's third acquisition since its 2021 investment from Silversmith Capital Partners — expands TMA's SaaS maintenance-management capabilities and strengthens its SMB go-to-market coverage.

TMA Systems Acquires Prime Technologies

January 11, 2023

Software

TMA Systems, a portfolio company of Silversmith Capital Partners, has acquired Prime Technologies, a provider of calibration management software, to integrate Prime’s ProCal/PCX capabilities into TMA’s WebTMA CMMS/EAM platform. The add-on expands TMA’s calibration and compliance functionality for customers across life sciences, healthcare, food & beverage, manufacturing and other regulated industries.

TMA Systems Acquires Virtual Facility

May 20, 2025

Cloud & SaaS

TMA Systems, a Tulsa-based provider of CMMS/EAM solutions backed by Silversmith Capital Partners, has acquired Virtual Facility, an AI-driven alarm intelligence SaaS company headquartered in New York City. The add-on expands TMA's proactive and predictive maintenance capabilities by integrating alarm data from BAS, monitoring, and IoT systems into TMA's WebTMA MEX and EQ2 HEMS platforms to automate work orders and reduce nuisance alarms.