MPulse Software, Inc.,announced today that it has been acquired by JDM Technology Group, a leading provider of software solutions for the global construction industry. As of April 1, 2017, MPulse Software, Inc became MPulse Software, Inc., a JDM Technology Group company.
The acquisition will position the companies to lead the maintenance management software industry in providing reliable scheduling, tracking, and reporting tools for equipment and facilities maintenance organizations. The transaction closed on March 31, 2017, after approval by the SpecTech board of directors and stockholders. GT Securities acted as financial advisor to SpecTech on the deal.
MPulse will continue to operate under its own brand with its existing headquarters staff based in Eugene, Ore., and additional sales offices in Colorado, Delaware, Indiana, Pennsylvania, and Texas. The company will also continue to provide products and services through its reseller network in Dubai, Indonesia, Malaysia and Saudi Arabia. MPulse founders Steve Brous and Gil Achterhof will retire, and MPulse President Jason Johnson and CTO Randall Brous will remain in their current roles to lead the organization.
“Our new relationship with JDM carries on the legacy of MPulse founders Steve Brous and Gil Achterhof,” Johnson said. “Our choice to partner with JDM was based on a mutual commitment and connection to the industries and customers we both serve. Our strong presence in the maintenance software industry, coupled with JDM’s expertise in the construction industry, will further expand our ability to make maintenance operations more productive and efficient for customers around the world.”
“This acquisition strengthens and extends MPulse’s ability to provide industry-leading CMMS software products and services to our customers worldwide,” said Randall Brous. “We look forward to leveraging JDM’s global scale to expand well beyond the 24 countries we currently serve. JDM is a company that shares our commitment to developing the best possible solutions on the most robust technology available, including our emerging Internet of Things (IoT) solutions.”
Founded by Steve Brous and Gil Achterhof in 1995 as a division of SpecTech, Inc., MPulse is a provider of maintenance management software developed by experts in maintenance, repair, and operations (MRO) and facility management. For the past 22 years, MPulse’s world-class solutions have provided reliable planning, scheduling, tracking, and reporting tools for thousands of equipment and facilities maintenance teams in over 100 industries.
Having acquired numerous companies since 2004, JDM Technology Group has established a proven strategy for integrating acquired companies into its existing infrastructure. “Our Buy and Build strategy ensures that customers continue to have access to the best technology globally,” said JDM CEO Jim McFarlane. “And by retaining the MPulse staff and organization, customers will continue to receive service and support from the people they know by name. At JDM, we do not end-of-life any products, allowing customers to continue with their preferred software. This strategy creates strong growth and enables the JDM Group to continue to be an excellent home for leading software companies.”