For Immediate Release Contact: Jeremy Milner
401-862-9422
jeremy@jeremymilner.com

Daryl Driscoll
617-375-4217
daryl.driscoll@morgankeegan.com
...........................................................................................................

Morgan Keegan Advises Callidus Software in Acquisition of Webcom

Morgan Keegan is pleased to announce that Cal-lidus Software Inc. (Callidus) has acquired Web-com, Inc. (Webcom). Webcom provides a 100%
multi-tenant, SaaS solution for configuration, pric-ing and quoting, and collaboration that simplifies and accelerates selling of all types of products and services. Webcom is profitable and its solutions are used by approximately 120 customers world-wide including ABB, Technogym, Fuji Electric Group, Atlas Copco, NEC and more. Morgan Keegan Technology Group acted as exclusive fi-nancial advisor to Callidus in this transaction.

"This acquisition expands our value proposition for sales forces into CPQ, which doubles our total addressable market for our overall product suite," said Leslie Stretch, President and CEO, Callidus Software.

About Callidus Software

Headquartered in Pleasanton, CA, Callidus Software (NASDAQ: CALD) is the mar-ket and technology leader in Sales Performance Management. Callidus' award-winning SaaS platform, the Callidus Cloud, is a comprehensive SaaS

suite de-signed to help businesses drive more effective selling at each stage of the sales talent lifecycle. Callidus powers more than 2.5 million users across the globe.

About Webcom

Headquartered in Milwaukee, WI, Webcom provides a 100% multi-tenant, SaaS solution that simplifies and accelerates selling of all types of products and services. Webcom enables business users to quickly configure, price, quote, propose and sell solutions, anytime, anywhere.

 About Morgan Keegan
 
Morgan Keegan, a full-service brokerage and investment banking firm, has more than 4,100 employees in 300 offices across the country. The firm’s Investment Banking division provides comprehensive merger and acquisition advisory, public equity and private capital services to public and private middle-market companies as well as private equity groups. Industry sectors include:

  • Transportation & Logistics
  • Industrial
  • Consumer
  • Energy
  • Security & Defense
  • Real Estate
  • Healthcare
  • Technology
  • Financial Services & Transaction Processing


 
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