Print ePS, formerly a division of eProductivity Software (ePS), will now become the Graphic Communications business unit of CAI Software, following a strategic merger.
Describing the move as a ‘merger of equals’, aimed at driving innovation in manufacturing software solutions, Print ePS will effectively become the Graphic Communications business unit of CAI, which will now have three operating divisions: Process Manufacturing, Discrete Manufacturing and Graphic Communications.
CAI Software is a leading provider of manufacturing ERP and production software solutions across more than fifteen vertical markets. As a trusted and leading provider of manufacturing ERP and production software for the graphic communications industry in its own right, Print ePS is seen as an ideal fit to now become an integral part of the CAI business.
Former CEOs, Brian Rigney (CAI) and Dan Vertachnik (Print ePS) have been thanked for their impactful stewardship of the businesses to-date and Brent Pietrzak is the newly appointed CEO for CAI Software Brent Pietrzak has been recruited as CEO of the new, substantially enhanced CAI Software business. Brett says: “This merger creates tremendous opportunities for our clients, employees and partners. By aligning our customer-centric strategies, we are building a more dynamic, diversified software leader.”
The merger now sees a combined workforce of over 800 employees and offices across North America, Europe, and Asia. The new company now also has a deeper pool of experience to call on and is well-positioned to strengthen its service and support capability. But the key focus is on innovation, leveraging its specialised domain expertise and cutting-edge technology.
STG, who will continue as the lead investor in the newly combined business, issued a supporting statement saying: “The combination of CAI Software and Print ePS brings together the strength of two industry leaders while opening an exciting new chapter. By honouring the heritage of both businesses and investing in future-focused innovation, we are building a powerful software organization ready to drive transformation across the manufacturing landscape.”
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.