Quadrant Software Announces Acquisition of BCD and ExcelSystems Software Development
Combined company will enable customers to better maximize, modernize and mobilize their business applications
Mansfield, MA – (February 6, 2014) – Quadrant Software, LLC, a Candescent Partners company and the leader in Document Output Management (DOM), today announced it has acquired IBM i modernization market leaders Business Computer Design, Inc. (BCD), located in Chicago, and Victoria, BC-based ExcelSystems Software Development, Inc. (ESDI).
BCD and ESDI are two of the most successful software organizations in the IBM i marketplace, with more than 35 years of experience in providing modernization solutions for thousands of organizations worldwide. ESDI is the development arm of BCD and the two companies have been partners for more than 20 years. BCD and ESDI will continue to operate under their brands.
BCD and ESDI are known for their exceptional technology, quality, service and support. Through this acquisition, Quadrant will benefit from product synergies and will be able to expand its solutions to maximize, modernize and mobilize the value and investment organizations have in their IBM i assets and applications.
"As the market transforms, organizations are looking to modernize their IBM i assets. With the acquisition of BCD and ExcelSystems Software, Quadrant will be well positioned to expand market share in this industry, " says Ron Glaz, Program Director and IDC Analyst at Hardcopy Peripherals: Software and Services.
"This transaction will provide significant opportunities for our customers, partners and employees," said Stephen Woodard, who will serve as CEO of the combined companies. "Through this acquisition, we can take advantage of BCD’s global reach and can offer our customers a larger and complementary portfolio of solutions, from infrastructure and application modernization to mobile development, further maximizing the investment they have made in IBM i."
"Quadrant’s solutions are very synergistic with our current product portfolio, and this merger will enable us to provide new opportunities for our customers and employees," said Duncan Kenzie, founder of ESDI who becomes chief knowledge officer for the combined companies. "We are excited to continue our work with BCD with the added resources afforded by Quadrant."
"Our customers have relied on BCD’s solutions for more than 35 years,” said Eric Figura, BCD’s director of sales and marketing for more than 30 years, who will assume the role of chief customer advocate at the combined company. “We now have an opportunity to expand the reach of our solutions with a greater breadth of resources and global channel options, while we continue to offer the level of technology, service and support that our customers have come to expect."
BCD founders Lynn and Joseph Svandra are very pleased that BCD will continue the history of quality and success that Lynn started in 1976 and then managed throughout BCD’s growth. The joining of BCD and ESDI as one group that will join forces with Quadrant will become an organization that will benefit BCD’s clients, business partners, employees and the growth of BCD’s product lines.
"This key acquisition is consistent with our strategy of combining world-class technology and services companies," said Stephen Jenks, managing partner of Candescent Partners. "BCD and ESDI have a long history of success and are an ideal complement to Quadrant."
About ExcelSystems Software Development, Inc.
About Quadrant Software, LLC
About Candescent Partners, LLC