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Intuitive Acquires Relevant
Second acquisition this year expands industry coverage with
project-driven functionality
Kirkland, Washington ? April 4, 2006 ?
Intuitive Manufacturing Systems, a leading provider of enterprise
resource planning (ERP) software for discrete manufacturers, and Marlin
Equity Partners announced
today they have acquired Relevant Business Systems. Relevant is an
established enterprise application vendor based in San Ramon, CA,
specializing in project-driven ERP and is best known for its solutions
for the Aerospace and Defense (A&D) industry.
?Relevant fits nicely into the continuation of our strategic growth
plan for 2006. We are now able to better service the A&D market, and can
also address the needs of project-driven manufacturers in other
industries,? said Intuitive President and CEO Chuck Gillam. ?The
project-driven ERP market is already strong and quickly expanding. The
A&D vertical is a subset of that growing market where Relevant holds
some unique competitive advantages, especially with government
contractors. We?ll be leveraging Relevant?s proven industry experience
to further penetrate these markets.?
In addition to expanding into key industries, by acquiring Relevant,
Intuitive now provides a solution for all three types of supply chain
models. ?In the past, we have supplied solutions for make-to-stock and
configure-to-order supply chains. Now, Intuitive will be addressing the
needs of the third, those that are project-driven,? Gillam said. ?This
is important because many mid-market manufacturers have a hybrid
business model and must excel at two or more of these models.?
Intuitive Growth Strategy
Relevant is the second acquisition this year for Intuitive, following
the acquisition of SupplyWorks in March. ?Both acquisitions are part of
our strategic growth plan,? said Gillam. ?Since the acquisition of
Intuitive by Marlin Equity Partners in October 2005, we have been
investing in sales and marketing, enhancing Intuitive ERP, and offering
new technology solutions, such as SupplyWorks. The next logical step in
our development is to add industry-specific functionality, such as
Relevant.?
Intuitive?s long-term product plan is to adapt Relevant?s
project-driven processes and functionality to the Intuitive ERP product.
Intuitive will offer continued support to Relevant?s customers and
deliver several enhancements under development.
About Relevant
For over 20 years, Relevant Business Systems has offered
industry-vertical enterprise solutions for project-driven manufacturers
for whom aggressive project management is the key to profitability.
Examples of project-driven manufacturers include Aerospace and Defense
(A&D), Engineer to Order (ETO), Contract Manufacturing, as well as
Maintenance Repair and Overhaul (MRO). The software solution INFIMACS II
offers industry-specific features for project-driven manufacturers, such
as Work Breakdown Structure (WBS) and Earned Value functionality.
Additional information can be found at
www.relevant.com.
About Intuitive
Intuitive Manufacturing Systems offers intuitive and flexible
enterprise solutions that help discrete manufacturers achieve greater
operational efficiency and profitability by integrating business
processes on an enterprise-wide level. Since 1994, Intuitive has been a
technology leader, dedicated to providing our customers with software
solutions that add value to their business. Intuitive?s enterprise
solution is designed to deliver superior functionality, rapid
implementation, ease of use and a technology standard that is unmatched
in the industry. Intuitive has achieved Gold Certified status in the
Microsoft Partner Program with a competency in ISV/Software Solutions,
recognizing Intuitive?s expertise and total impact in the technology
marketplace. Intuitive?s enterprise solution is supported by a network
of direct offices and business partners worldwide to provide the
software and services to solve today?s business problems. Learn more at
www.intuitivemfg.com.
About Marlin Equity Partners
Marlin Equity Partners is a leading private equity firm focused on
providing corporate parents, shareholders, and other stakeholders with
tailored solutions that meet their business and liquidity needs. Marlin
seeks to partner with outstanding management teams to strengthen and
grow its portfolio companies. In addition to capital, the Marlin team
provides a network of strategic resources and relationships that help
management teams recognize and achieve long-term value opportunities
within their businesses. Marlin Equity Partners has a long and
successful track record of creating superior returns for its investors
by adhering to a disciplined investment approach aimed at building
long-term value. Marlin Equity Partners is headquartered in El Segundo,
California. For more information please visit
www.marlinequity.com.
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