An overview of our sell-side M&A services
Concord Business Systems has been acquired by Tectura
The combination of TECTURA and Concord Business Solutions will expand the delivery and support of Microsoft Business Solutions for customers nationwide.
Stan Usry ,
CEO
SEG’s professionalism and persistence resulted in an offer that exceeded our expectations. They laid out a strategy, process, and timeline and were there for us through the whole process. Looking back, I am amazed at how accurate they were. I do not have the words to properly communicate the positive impact that SEG has had on my company and its shareholders. They changed our lives."
- Stan Usry, Former CEO, Concord Business Systems
SEG served as exclusive advisor to Concord Business Systems
Client Description
The company
Atlanta-based Concord Business Systems, a Microsoft Business Solutions Certified Partner, is an expert in flexible packaging/converting manufacturing solutions.
Buyer Description
The company
TECTURA Corporation, a leading mid-market systems integrator specializing in the deployment of Microsoft integrated business solutions.
Discover more SEG Success Stories
PRESS RELEASE OVERVIEW
TECTURA Acquires Concord Business Systems
TEMPE, ARIZONA — JUNE 7, 2004 — TECTURA Corporation, a leading mid-market systems integrator specializing in the deployment of Microsoft integrated business solutions, today announced that it has acquired Concord Business Systems, the Atlanta-based expert in flexible packaging/converting manufacturing solutions. Concord is a Microsoft Business Solutions Certified Partner. After integrating the Concord team, TECTURA will have over fifty service professionals in the US specifically dedicated to delivering Microsoft Business Solutions – Axapta and Axapta for Converting.
“The combination of TECTURA and Concord will expand the delivery and support of business applications for customers across the country,” said Dan English, General Manager of U.S. Microsoft Business Solutions. “An experienced team offering Microsoft Business Solutions can help companies target new opportunities while enabling them to increase efficiency and improve customer service. We congratulate TECTURA on its continued success.”
TECTURA is a Microsoft Managed Gold Certified Business Solutions national partner and a reseller of MBS-Great Plains®, MBS-Solomon, MBS-Axapta® and MBS-CRM applications. Concord, a well-established Microsoft Certified Partner specializing in enterprise management solutions for the converting industry, was awarded the coveted Axapta Excellence Award by Microsoft Business Solutions for their work with Axapta for Converting. Through this transaction, TECTURA not only strengthens its position as one of Microsoft’s distinctive, premier-reselling partners, but also expands its capabilities in delivering Microsoft Business Solutions – Axapta to the marketplace.
“The Concord team is very excited to join one of the strongest and fastest-growing, mid-market systems integrators in the channel,” states Stan Usry, president and co-founder of Concord Business Systems. “TECTURA’s Microsoft-based business model and its ability to successfully reach customers around the globe will now allow us to more effectively and efficiently serve and support a larger population of converting customers.”
Terry Petrzelka, CEO of TECTURA, adds: “With over 160 years of collective experience in the converting industry, Concord truly understands the business and technical issues facing converters today. By combining that critical knowledge with our large existing team of professional service experts, TECTURA will be in a position to deliver the most comprehensive, value-add business solutions to mid-market customers as well as solidify our elite position within the Microsoft partner community.”