2ndWave Software Acquires SDC Solutions,
Continuing Growth of Amcom Software
- Addition of SDC Solutions’ innovative product line and customer base further strengthens Amcom’s leading call center and emergency management software business
- Acquisition positions Amcom Software to meet growing demand from small to mid-size organizations for mission-critical communications solutions
- Integration of 2ndWave’s previous additions proves acquisition model’s success
MINNEAPOLIS, MN – February 2, 2009 – 2ndWave Software announced today it has acquired SDC Solutions, a top provider of communications software, adding it to the industry-leading suites of solutions available from Amcom Software. The deal is 2ndWave’s fifth acquisition in two years. Along with their original purchase of Amcom Software and the successful additions of Xtend Communications, the Telident E911 product line and wireless connectivity experts, Commtech Wireless, this acquisition will continue to build on 2ndWave’s strategy of creating the market leader in mission-critical communications software. The fast-growing Amcom Software organization will have unparalleled market breadth, extensive product lines, more than 200 employees, and annual sales approaching $45 million.
In announcing the agreement, Chris Heim, CEO of both 2ndWave Software and Amcom Software, stated, “Our strategy at 2ndWave is to find and combine well-matched businesses that will benefit from stronger critical mass, a growing customer base and our experience operating software companies. We have a unique business model and we’re confident our success at Amcom will lead to future opportunities in this and other markets. SDC Solutions has a strong reputation in the industry and has been particularly successful in the small to mid-sized arena. Their highly respected solutions and large customer base really add a powerful component to this growing business.”
“We think that this market continues to show a lot of promise for expansion,” added Dan Mayleben, CFO of both 2ndWave Software and Amcom Software. “The addition of SDC Solutions to Amcom’s full suites of communications and emergency management capabilities is great news for our customers, our employees, and our partners. This also reinforces 2ndWave’s commitment to find and acquire more niche players that will help Amcom Software lead the market and address demands with product innovation, vertical market knowledge and unmatched customer service.”
“Amcom Software is now indisputably the leader in the market for mission-critical communications software,” concluded Heim. “This addition also demonstrates the validity of the 2ndWave approach. We have created a growing, profitable business with a strong balance sheet. This is an excellent opportunity to grow and optimize an already vibrant company.”
About 2ndWave Software
2ndWave Software acquires and operates software companies with complementary product offerings and significant growth opportunities. In partnership with CIBC Capital Partners, 2ndWave Software buys companies and then partners with the management team to improve operating results, while making additional acquisitions to grow the company to a critical mass. 2ndWave Software is led by veteran software executives with strong operational track records and experience successfully executing and integrating acquisitions. For more information, visit www.2ndwavesoftware.com.
About Amcom Software
Amcom Software provides technology solutions for organizations that depend on speed, accuracy, and productivity to manage mission-critical, day-to-day, emergency and event-driven communications. Amcom Software's advanced solutions for call center communications, emergency management, wireless messaging middleware, and paging infrastructure are used by thousands of leading organizations in hospitality, healthcare, education, business, and government. Amcom’s recent acquisition of Commtech Wireless, along with the additions of Xtend Communications and Telident E911 solutions, further solidifies the company’s market leadership. For more information, call 800.852.8935 or go to http://www.amcomsoftware.com.
Media Inquiries:
Ron Wenaas +1 (612) 418-7077
ron@wenaascommunications.com
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