eProductivity Software, Electronics for Imaging, Inc.’s (“EFI”) Productivity Software Business, announced today that it had been acquired by an affiliate of Symphony Technology Group (“STG”), a private equity partner to market-leading companies in Software, data, and analytics.
eProductivity Software is a global leader in developing industry-specific business and production software for the packaging and print industries. The company’s integrated and automated software offerings and point solutions are intended to drive revenue growth while also improving operational and production efficiencies.
EPS is a global leader in mission-critical Enterprise Resource Planning (ERP) and business and production Software designed to empower the packaging and print industries. STG’s investment will accelerate EPS’ growth as a standalone company through organic and inorganic initiatives to deepen and broaden its capabilities and strengthen its market leadership in the industries it serves.
“This strategic step in becoming an independent company enables us to bring greater value to our customers, as well as the packaging and print industries overall, by extending our collaboration with key industry technology players. We will of course, continue to collaborate closely with our friends at EFI. In addition, we will accelerate investments in our technology advancements and modernization, in our level of partnership with customers, and in driving global organic and inorganic growth.”Gabriel (Gaby) Matsliach, CEO of eProductivity Software
EPS has over 4,000 mid-market and enterprise customers worldwide, spanning all critical packaging and print verticals such as folding carton, corrugated packaging, tag & label, flexible packaging, commercial print, publication, mailing, and display graphics to name a few.