eProductivity Software becomes an independent company

Erstwhile acquired by Symphony Technology Group (STG) From Electronics for Imaging (EFI)

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eProductivity
eProductivity Software becomes an independent company after being acquired by Symphony Technology Group (STG) from EFI. photo eProductivity software
The Productivity Software Business of Electronics For Imaging (EFI) announced today it has become an independent global software company after being acquired by an affiliate of Symphony Technology Group (STG), a private equity partner to market-leading companies in software, data and analytics.
eProductivity Software (EPS), is a leader of mission critical Enterprise Resource Planning (ERP) and business and production software purposely built to empower the packaging and print industries. STG’s backing will accelerate EPS’ growth as a standalone company through organic and inorganic initiatives to deepen and broaden the company’s capabilities and further enhance its market leading position 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,” said Gabriel (Gaby) Matsliach, chief executive officer of eProductivity Software.
“Through this process, STG took the time to deeply understand the industries we serve and got excited about our space, customers, and market position. We were impressed by their strong emphasis on growth through innovation and a highly customer centric approach and are looking forward to implementing together that future vision,” Matsliach added.
“We are very impressed with EPS’ portfolio of mission critical products catering specifically to the needs of customers in the packaging and printing industries. We are excited to partner with Gaby and his team, leverage our experience as investors in enterprise software and our historical success in executing carve out transactions, in order to further expand the EPS value proposition to its customers and further accelerate its growth trajectory through technological innovation and a customer centric mindset as a standalone company,” said William Chisholm, managing partner of STG.
EPS has more than 4,000 mid-market and enterprise customers globally, across all key verticals within packaging and print, including folding carton, corrugated packaging, tag and label, flexible packaging, commercial print, publication, mailing, and display graphics, among others.
Paul Hastings LLP acted as legal advisor to STG, Moelis & Company LLC served as the exclusive financial advisor and Sidley Austin LLP was legal advisor to EFI.

In 2024, we are looking at full recovery and growth-led investment in Indian printing

Indian Printer and Publisher founded in 1979 is the oldest B2B trade publication in the multi-platform and multi-channel IPPGroup. It created the category of privately owned B2B print magazines in the country. And by its diversification in packaging, (Packaging South Asia), food processing and packaging (IndiFoodBev) and health and medical supply chain and packaging (HealthTekPak), and its community activities in training, research, and conferences (Ipp Services, Training and Research) the organization continues to create platforms that demonstrate the need for quality information, data, technology insights and events.

India is a large and tough terrain and while its book publishing and commercial printing industry have recovered and are increasingly embracing digital print, the Indian newspaper industry continues to recover its credibility and circulation. The signage industry is also recovering and new technologies and audiences such as digital 3D additive printing, digital textiles, and industrial printing are coming onto our pages. Diversification is a fact of life for our readers and like them, we will also have to adapt with agility to keep up with their business and technical information needs.

India is one of the fastest growing economies in nominal and real terms – in a region poised for the highest change in year to year expenditure in printing equipment and consumables. Our 2024 media kit is ready, and it is the right time to take stock – to emphasize your visibility and relevance to your customers and turn potential markets into conversations.

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