vantagepoint has been acquired by SolarSoft
"Over the past twenty years, I have worked closely with several M&A advisors – both on the buy and sell side. In my experience, Software Equity Group stands above them all. Strategically, VantagePoint Systems was ready to join with a larger organization that shared our vision for the company. SEG found us the ideal acquisition partner, negotiated the most favorable deal for both parties, and provided superior guidance to our board and executive team through every step of the transaction.”
Jim Hennings, Former Chairman and CEO

Software Equity Group’s Client VantagePoint Acquired by Solarsoft

San Diego, CA, January 24, 2008 – Solarsoft Business Systems announced today that it has completed the acquisition of Software Equity Group's client, VantagePoint Systems, the leading supplier of specialist manufacturing software to the global packaging industry.

Shawn McMorran, CEO of Solarsoft, comments, "We are delighted to have VantagePoint and its exceptional products and people as part of Solarsoft. This acquisition reflects our continuing commitment to investment in industry leading ERP systems that add clear value to customers within well-defined strategic markets. James Hennings and his team will continue to lead VantagePoint and I am looking forward to working together to leverage our combined strengths in products, sales and customer service."

Solarsoft's acquisition was completed on schedule with the full support of VantagePoint's senior management and was backed by the overwhelming majority of shareholders. VantagePoint and its affiliates will become private operating subsidiaries within the Solarsoft group.

James Hennings, adds: "We are very excited about becoming part of Solarsoft's growing presence in the ERP marketplace. As a division of Solarsoft, we will continue to focus on delivering class leading software and services to our customers and to the worldwide packaging industry. This combination will make us a stronger business and will greatly benefit our current and future customers."