Electronics For Imaging Acquires Pace Systems Group

July 29, 2008

Electronics For Imaging (EFI) has acquired Pace Systems Group, a print management and MIS software provider, for approximately $21 million in cash plus an additional performance‑based earnout. EFI said the acquisition will complement its print-management and Fiery product lines, improving its ability to serve inkjet and other digital printing markets and is expected to be neutral to earnings in Q3 and slightly accretive in Q4.

Buyers
Electronics For Imaging (EFI)
Targets
Pace Systems Group
Industry
Software
Location
California, United States
Transaction Type
Buyout

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