Quadrant Software, LLC, a Candescent Partners company and major player in document output management (DOM), has acquired IBM (News - Alert) i modernization market leaders Business Computer Design, Inc. (BCD), located in Chicago, and Victoria, BC-based ExcelSystems Software Development, Inc. (ESDI).
BCD and ESDI are two of the most successful software organizations in the IBM i marketplace, with more than 35 years of experience in providing modernization solutions for thousands of organizations worldwide.
Combined company will enable customers to better maximize, modernize and mobilize their business applications.
“This transaction will provide significant opportunities for our customers, partners and employees,” said Stephen Woodard, who will serve as CEO of the combined companies, in a statement.
Woodard said that through this acquisition, the company can take advantage of BCD’s global reach and can offer the customers a larger and complementary portfolio of solutions, from infrastructure and application modernization to mobile development, further maximizing the investment they have made in IBM I.
Duncan Kenzie, founder of ESDI who becomes chief knowledge officer for the combined companies said that Quadrant’s solutions are very synergistic with the company’s current product portfolio, and this merger will enable to provide new opportunities for the customers and employees.
“We are excited to continue our work with BCD with the added resources afforded by Quadrant,” said Kenzie.
“Our customers have relied on BCD’s solutions for more than 35 years,” said Eric Figura, BCD’s director of sales and marketing for more than 30 years, who will assume the role of chief customer advocate at the combined company.
“We now have an opportunity to expand the reach of our solutions with a greater breadth of resources and global channel options, while we continue to offer the level of technology, service and support that our customers have come to expect,” said Figura.
BCD founders Lynn and Joseph Svandra are very pleased that BCD will continue the history of quality and success that Lynn started in 1976 and then managed throughout BCD’s growth.
“This key acquisition is consistent with our strategy of combining world-class technology and services companies,” said Stephen Jenks, managing partner of Candescent Partners.
Jenks said that BCD and ESDI have a long history of success and are an ideal complement to Quadrant.