Managing Automation :: Technology Solutions for Progressive Manufacturers Sign in or register  |  Advertise |  Subscribe to MA Magazine  | Newsletters |   My Profile

New Private Equity Firm Eyes Software

Posted on Sunday, July 27, 2008 3:00:00 AM       Sign Up to receive Daily News Alerts in your E-mail Inbox                            Digg This Article   Add to Delicious

Abstract:Private equity firm M2 Technologies Partners will focus on acquisitions of mid-market enterprise software and services businesses.
Keywords:consolidating software market, enterprise software market consolidation, mid-market enterprise software
Relevant Links:

In a rapidly consolidating enterprise software market, a new player has emerged.

Private equity firm M2 Technologies Partners stepped onto the scene in June, focusing on "domestic and international acquisitions of software and services businesses" and touting the well-heeled leadership and backing of veteran Silicon Valley investment firm Accel-KKR.

Based in Menlo Park, CA, M2 is led by two mid-market software industry veterans - Mark Duffell, the former chief operating officer of Epicor Software, and Michael Piraino, one-time CFO at the mid-market ERP provider.

[Click to continue]