Transaction Summary

Client Description
  • Smartware Group, provider of Bigfoot software, is a leading provider of cloud-based modern EAM/CMMS software to manufacturing and other industries.
  • Smartware Group’s solution provides a modern cloud platform with advanced work-flow and deep functionality, serving over 10,000 users worldwide.
  • Headquarters: Center Harbor, NH
Buyer Description
  • Dude Solutions, backed by Warburg Pincus, is a leading provider of cloud-based operations management software to optimize facilities, assets and workflow.
  • Headquarters: Cary, NC
Highlights:
  • Dude Solutions has teamed up with Smartware Group as part of their continued commitment to be the #1 SaaS provider of enterprise asset and operations management software.
  • Smartware Group’s comprehensive capabilities and expertise coupled with Dude Solutions’ continued innovation, market-leading products and world-class support makes this a match that will vastly expand customer performance.
  • The acquisition will enable Dude Solutions to provide customers with better control over processes, streamlined work order management, reduced energy expenses, improved OEE, and real-time access to critical reporting metrics for operational efficiency.
"The SEG team is a team of smart, straight shooters… just good people. Selling a company is a life changing event for the shareholders, but for the SEG team it’s all in a day’s work. This was evident from the day we met to the day the deal closed. Their buyer relationships, process, industry knowledge, negotiating acumen, and 100% commitment to our shareholders’ best interests were remarkable. However, what stood out most was their assurance and patience when things got tough. They always had our back."
Co-Founders Dave Peelstrom & Paul Lachance

SEG Client, Bigfoot, Acquired By Dude Solutions

Software Equity Group (SEG) announces its client, Bigfoot, a leading provider of cloud-based modern EAM/CMMS software to manufacturing and other industries, has been acquired by Dude Solutions, a leading provider of cloud-based operations management software to optimize facilities, assets and workflow. Dude Solutions is backed by private equity firm, Warburg Pincus. SEG served as exclusive advisor to Bigfoot.