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Eden Capital Acquires MITS to Enhance Software Platform Featuring Compass Sales Solutions and Tour De Force
Thursday 11 July 2019

11 July 2019 - US-based private equity firm Eden Capital has acquired MITS, an analytic platform with business intelligence for a broad base of customers within the manufacturing and distribution space, the company said.
Terms of the deal were not disclosed.
MITS joins sister companies Compass Sales Solutions and Tour de Force in continuing their delivery of software solutions that empower companies to make the best business decisions.
For over two decades, MITS has helped over 1,000 customers gain better insight into their operations and uncover more opportunities through business intelligence and analytics. 
MITS' industry-specific analytics solution is packed with customisable dashboards and reports so customers get both a long term platform for analytics growth and immediate value and ROI.
Combining MITS with the product offerings of Compass Sales Solutions and Tour de Force allows these three companies to expand value for their customers by integrating CRM and BI / analytics into a single platform for existing and new customers.
MITS, combined with Compass Sales Solutions and Tour de Force, will help empower the manufacturing and distribution verticals with business intelligence and seamless ERP integration to help solve challenges, seize opportunities and make decisions that move the needle.
Since 2001, Compass Sales Solutions has delivered a comprehensive software suite to the copy and print industry, that automates the sales process, provides in-depth analytics and improves business efficiencies, all with seamless ERP integration and mobile access. 
MITS offers business intelligence software that includes in-depth dashboards, reports and scorecards to boost productivity and help businesses make better decisions. 
Since 1996, MITS has delivered the highest value in analytics software to the distribution and manufacturing industries.
Since 2001, Tour de Force has evolved and grown as a robust software solution that drives manufacturers and distributors to be more efficient and more effective by providing a range of tools in customer relationship management, business intelligence, and sales force automation.
Eden Capital is a sector-focused private equity firm backing leading management teams in business services, healthcare services, and education companies.
The company partners with management teams, owners, founders, and industry experts to invest in small and medium-sized companies. 
Date Published: 11/07/2019
Target: MITS
Country: USA
Sector: IT/Online Services
Type: LBO
Status: Closed
Buyer: Eden Capital,  
Terms of the deal were not disclosed