DALLAS--(BUSINESS WIRE)--Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, NCG, Inc. (dba Automated Integration) to Jonas Software, a subsidiary of Constellation Software, Inc. The acquisition closed November 8, 2019 and details were not disclosed.
Located in Dallas, Texas, Automated Integration is the leading provider of enterprise resource planning systems for the field service industry. Founded in 1993, Automated Integration has been dedicated to helping field service businesses drive their bottom line. Automated Integration now serves hundreds of customers in every type of service industry across the United States and Canada, including several national customers with multiple branch offices.
Jonas Software, located in Markham, Canada, operates over 90 independently managed software brands around the world, providing them with the strategic guidance and financial security required to be leaders in their respective markets. From its roots formed in the construction and club management markets, Jonas Software’s reach has grown extensively within the fitness, membership, hospitality and industrial verticals. Today, Jonas Software is proud to supply industry-leading enterprise management software and related services to more than 80,000 customers in over 20 vertical markets.
“We’re thrilled to add Automated Integration’s platform to our construction portfolio,” said Group CEO for Jonas Software, Matt Otchet. “Over the years they have done a tremendous job of focusing on the customer needs from a product and service perspective. While they are certainly not exclusive to the elevator and overhead door industries, their unique feature set has certainly made them the market leaders. This acquisition further expands our footprint in those highly specialized market segments and we are looking forward to working closely with the Automated Integration team to drive even more value to our end-users.”
Automated Integration CEO Rick Lanpher had this to say, “We are eager to work with Jonas to continue building on and growing the Automated Integration platform. We’re excited to realize the opportunities that are possible with Jonas’ resources and experience within the industry.”
Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss and his team, led by Vice President, Mergers & Acquisitions Jon LePage successfully closed the deal. Executive Managing Director Randy Kamin established the initial relationship with Automated Integration.
LePage stated, “Automated Integration is a terrific fit within the Jonas Software construction portfolio. Automated Integration brings a new market vertical to Jonas along with a deep knowledge base of the industries in which it serves. A home run all the way around.”
About Generational Equity
Generational Equity, Generational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors, and DealForce are part of the Generational Group, which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.
With over 250 professionals located throughout North America, the companies help business owners release the wealth of their business by providing merger, acquisition, and wealth management services. Their five-step approach features exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.