Kalypso Acquires Integware
Mirus Capital Advisors announced that Kalypso, a provider of global consulting services has acquired Integware, a Colorado-based consulting firm with expertise in product lifecycle management (PLM). Mirus served as the exclusive financial advisor to Integware for the transaction.
Kalypso delivers a comprehensive set of services that enable innovation, including objective PLM technology strategy and implementation services. With the addition of Integware, the combined firm can provide clients with a broader set of capabilities to drive real business results from PLM.
“Mirus gave us the strategic direction we needed every step of the way,” said Chris Kay, CEO of Integware and new partner at Kalypso. “We set out on this endeavor with a set of goals that included finding a partner that would provide a growth opportunity for our talented team members, while enabling us to scale the business beyond what we could do alone. Because of their experience in the industry, Mirus was able to rapidly understand our business, market, and partners. This allowed them to develop a company offering that clearly articulated our positioning and differentiators. In the end, Mirus helped us find the perfect partner in Kalypso; and they did it, start to finish, in just over 120 days.”
Integware, known for its PLM domain expertise particularly in the life sciences industry, has served a global customer base with strategy, consulting, deployment, support and training services. In addition to life sciences, the merger expands the combined firm’s presence in the aerospace and defense, automotive, and energy industries. Together, the two firms have extensive knowledge and implementation experience with all of the leading PLM software providers, including Oracle, PTC, Dassault Systèmes, Siemens, Autodesk and Aras.
“We worked hard to stay focused on the goals set forth by the Integware’s team,” said Bruce Boes partner at Mirus Capital Advisors. “Because of their outstanding domain expertise and blue chip customer base, Integware had multiple distinct partnering options from which to choose. Ultimately Chris and the team selected Kalypso for their shared industry vision and complementary near-shore resources. We are confident that positive things will happen as these two companies come together.”
“The Mirus team was very professional and responsive throughout the entire process. We are thrilled with how everything played out and the end result is having the great team at Integware join the Kalypso family,” said Bill Poston, managing partner of Kalypso. “We want to be the world’s most respected provider of objective PLM technology advisory and implementation services. Integware takes us a big step closer to realizing that vision and we know Mirus was a critical player in making this possible.”
About Kalypso
Kalypso is a global innovation consulting firm, helping organizations deliver better results from innovation. For more information visit http://kalypso.com. Follow @KalypsoLP on Twitter and on Facebook.
About Integware
Integware is the recognized leader in providing revolutionary PLM solutions to the Life Sciences industry in a rapid, cost effective and efficient manner. We help our clients overcome and transform their most pressing business challenges by accelerating innovation, reducing product development costs, maintaining compliance and driving strategic business development. Our deep understanding of software, process and industry standards has helped us develop a rich set of best practices that can be leveraged across all industry segments.
About Mirus Capital Advisors
Mirus Capital Advisors provides investment banking solutions to corporate clients in building products, technology, business services, manufacturing, consumer products, health care and the resort & hospitality industry. Since 1987, Mirus has provided corporate finance advisory services on engagements including mergers, acquisitions, divestitures, recapitalizations and valuations. For additional information, visit www.merger.com or follow us on Twitter @MirusCapital.