Intuitive Acquires Relevant
Second acquisition this year expands
industry coverage with project-driven functionality
Kirkland, Washington – April 4, 2006 –
Intuitive Manufacturing Systems, a leading provider of
enterprise resource planning (ERP) software for discrete
manufacturers, and Marlin Equity Partners announced today they have acquired Relevant
Business Systems. Relevant is an established enterprise
application vendor based in San Ramon, CA, specializing in
project-driven ERP and is best known for its solutions for the
Aerospace and Defense (A&D) industry.
“Relevant fits nicely into the continuation
of our strategic growth plan for 2006. We are now able to better
service the A&D market, and can also address the needs of
project-driven manufacturers in other industries,” said
Intuitive President and CEO Chuck Gillam. “The project-driven
ERP market is already strong and quickly expanding. The A&D
vertical is a subset of that growing market where Relevant holds
some unique competitive advantages, especially with government
contractors. We’ll be leveraging Relevant’s proven industry
experience to further penetrate these markets.”
In addition to expanding into key
industries, by acquiring Relevant, Intuitive now provides a
solution for all three types of supply chain models. “In the
past, we have supplied solutions for make-to-stock and
configure-to-order supply chains. Now, Intuitive will be
addressing the needs of the third, those that are
project-driven,” Gillam said. “This is important because many
mid-market manufacturers have a hybrid business model and must
excel at two or more of these models.”
Intuitive Growth Strategy
Relevant is the second acquisition this year for Intuitive,
following the acquisition of SupplyWorks in March. “Both
acquisitions are part of our strategic growth plan,” said
Gillam. “Since the acquisition of Intuitive by Marlin Equity
Partners in October 2005, we have been investing in sales and
marketing, enhancing Intuitive ERP, and offering new technology
solutions, such as SupplyWorks. The next logical step in our
development is to add industry-specific functionality, such as
Relevant.”
Intuitive’s long-term product plan is to
adapt Relevant’s project-driven processes and functionality to
the Intuitive ERP product. Intuitive will offer continued
support to Relevant’s customers and deliver
several enhancements under development.
About Relevant
For over 20 years, Relevant Business Systems has offered
industry-vertical enterprise solutions for project-driven
manufacturers for whom aggressive project management is the key
to profitability. Examples of project-driven manufacturers
include Aerospace and Defense (A&D), Engineer to Order (ETO),
Contract Manufacturing, as well as Maintenance Repair and
Overhaul (MRO). The software solution INFIMACS II offers
industry-specific features for project-driven manufacturers,
such as Work Breakdown Structure (WBS) and Earned Value
functionality. Additional information can be found at
www.relevant.com.
About Intuitive
Intuitive Manufacturing Systems offers intuitive and
flexible enterprise solutions that help discrete manufacturers
achieve greater operational efficiency and profitability by
integrating business processes on an enterprise-wide level.
Since 1994, Intuitive has been a technology leader, dedicated to
providing our customers with software solutions that add value
to their business. Intuitive’s enterprise solution is designed
to deliver superior functionality, rapid implementation, ease of
use and a technology standard that is unmatched in the industry.
Intuitive has achieved Gold Certified status in the Microsoft
Partner Program with a competency in ISV/Software Solutions,
recognizing Intuitive’s expertise and total impact in the
technology marketplace. Intuitive’s enterprise solution is
supported by a network of direct offices and business partners
worldwide to provide the software and services to solve today’s
business problems. Learn more at
www.intuitivemfg.com.
About Marlin Equity Partners
Marlin Equity Partners is a leading private equity firm
focused on providing corporate parents, shareholders, and other
stakeholders with tailored solutions that meet their business
and liquidity needs. Marlin seeks to partner with outstanding
management teams to strengthen and grow its portfolio companies.
In addition to capital, the Marlin team provides a network of
strategic resources and relationships that help management teams
recognize and achieve long-term value opportunities within their
businesses. Marlin Equity Partners has a long and successful
track record of creating superior returns for its investors by
adhering to a disciplined investment approach aimed at building
long-term value. Marlin Equity Partners is headquartered in El
Segundo, California. For more information please visit
www.marlinequity.com.
CONTACT
Ray
Rebello
Intuitive
425-602-1065
ray.rebello@intuitivemfg.com |
