Print ePS has merged with CAI Software, a leading provider of manufacturing ERP (enterprise resource planning) and production software solutions for more than 15 vertical markets.
The merger brings together two trusted leaders with a shared vision, and that is to deliver best-in-class software solutions to address complex challenges across specialised manufacturing markets.
Now operating as CAI Software (CAI), Print ePS will become the Graphic Communications business unit of CAI. Moving forward, there will be three operating divisions of CAI – Process Manufacturing, Discrete Manufacturing and Graphic Communications.
As part of this transaction, the ePS Packaging division of eProductivity Software (ePS) will now operate as an independent software company dedicated to empowering packaging businesses worldwide.
CAI has named Brent Pietrzak as CEO and Cort Townsend as CFO.
“This merger creates tremendous opportunities for our clients, employees and partners,” said Pietrzak.
“By aligning our customer-centric strategies, we are building a more dynamic, diversified software leader. The management team at CAI is excited to move forward with a shared commitment to innovation, performance and growth.”
Symphony Technology Group (STG), the lead investor in ePS and CAI, will continue their investment in the newly combined business.
“The combination of CAI Software and Print ePS brings together the strength of two industry leaders, while opening an exciting new chapter,” said both William Chisholm and Patrick Fouhy, managing partner and managing director respectively at STG.
“By honouring the heritage of both businesses and investing in future-focused innovation, we are building a powerful software organisation ready to drive transformation across the manufacturing landscape.
“We are proud to support CAI on the next leg of its strategic evolution and are excited to partner with Brent, Cort and the broader management team. We’d also like to thank Brian Rigney and Dan Vertachnik for their impactful leadership at CAI and Print ePS, respectively, over the past three and a half years.”
The merger is said to be a strategic step forward, designed to strengthen the business. Clients, employees, and partners can expect a seamless transition as well as increased investment across the combined product portfolio.
The new company said it will continue to build on its global presence, deep experience, exceptional client support, and continued innovation.