this tremendous momentum throughout 2006 as we execute our strategy to acquire strong companies like AXIS and improve the software ownership experience for all our customers.”
Recent Made2Manage Systems acquisitions include: DTR Software International in August 2004, assets of ADS Information Systems in September 2004, and Capri Corp., through its operating subsidiary Cimnet Systems Inc., in December 2005.
“The acquisition of AXIS is in line with Made2Manage Systems’ continued strategy to gain specific manufacturing expertise within the ERP software market,” said Tom Millay, vice president of industry solutions for Made2Manage Systems. “AXIS offers deep functionality that addresses the unique challenges of customers within the metals, wire and cable industries, helping Made2Manage Systems expand its offering of industry-specific technology solutions for potential customers.”
AXIS will now operate as a business unit of Made2Manage Systems, with Janna Hoiberg, AXIS’ former director of operations, acting as general manager. Principal shareholder, founder and CEO Ed Verock will not continue with the business and plans to retire.
“We’re extremely pleased with the acquisition and the value it will bring to our customers,” said Verock. “Made2Manage Systems has a sustained leadership position in the market because of a strong management team, positive customer relationships, and quality products and services. I’m more than confident our customers are in capable hands and that Made2Manage Systems will add value to their businesses.”
Made2Manage Systems remains committed to the ongoing sales, maintenance, support and enhancement of AXIS’ product and service line to meet the needs of both existing and future customers.
Made2Manage Systems plans to maintain AXIS’ headquarters in Marlborough, Mass.
In the transaction, AXIS was advised by Morgan Keegan Technology Group, a Boston-based investment banking firm.
About Made2Manage Systems Inc.
With more than 2,150 customers worldwide, Made2Manage Systems has a 20-year track record of delivering enterprise resource planning software and a broad range of services that meet the unique market specifications of more than 30 manufacturing sectors, including industrial and commercial machinery, fabricated metals, rubber and plastics, electronics, analytical and measuring equipment, furniture and fixtures, and durable goods. Made2Manage Systems’ sustained leadership position in the ERP marketplace is built on a commitment to fostering productive, long-lasting customer relationships, developing a quality product line based on unique industry specifications, and providing excellence in customer support and professional services. For further information, visit www.made2manage.com. The company may be reached via e-mail at info@made2manage.com or at (800) 626-0220.

Morgan Keegan Technology Group is one of the nation's largest investment banks focused exclusively on Mergers & Acquisitions and Private Capital Fundraising Advisory Services for technology companies. All of our clients benefit from senior-level attention from partners with deep sector expertise.
Morgan Keegan Technology Group was founded in 2001 by former senior technology bankers from major Wall Street investment banks. With offices in Boston, San Francisco and Los Angeles, Revolution applies partner-level experience to the successful execution of advisory and financing transactions for emerging technology companies in industry sectors including software, Internet business services, telecommunications, wireless, clean tech, digital media, storage and semiconductors. For more information, visit www.revolutionpartners.com.
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