ERP vendor Solarsoft Business Systems has revealed a new corporate structure to absorb the British and American companies it has acquired over the past year and to help prepare for the acquisition of at least one more in the next six months.
The Toronto-based ERP specialist for small- and-medium-sized manufacturers has dissolved the Chelford, SSI, Agility, VantagePoint, CMS, and XKO entities and morphed them into seven new Solarsoft divisions. While it will continue in most cases to use existing product names, such as the Tropos process industry ERP system, those names will now come from Solarsoft-branded divisions.
“Rebranding of products has been kept to a minimum, consistent with our overall strategy that we focus on industries and expertise, not products and technologies,” said Solarsoft Group Product Director Steven Hargreaves. “What has been rebranded are the company names acquired with businesses, since, in most smaller companies, the products are better known than the company.”
The new divisions follow Solarsoft’s £16.1 million April acquisition of Basingstoke, England-based ERP company Chelford Group and the January acquisition of U.S. ERP specialist VantagePoint Systems Inc. With the Chelford acquisition, Solarsoft moved its U.K. headquarters from Chertsey, England, to Basingstoke, near London.