October 25, 2006—Indus International, Inc., a leading Service Delivery Management (SDM) solution provider, and Vista Equity Partners, a $1 billion private equity investment firm, have entered into a merger agreement under which Indus, subject to customary closing conditions, will be acquired by an affiliate of Vista in an all-cash transaction valued at approximately $240 million.
Upon completion of the merger, Vista intends to combine Indus with MDSI Mobile Data Solutions Incorporated, a Vista portfolio company and a worldwide leader in enterprise mobile workforce management software. “The combination of these two industry leaders is a game-changing event,” said Greg Dukat, President and CEO of Indus. “Together our products epitomize the Service Delivery Management philosophy, combining the functionality of best-of-breed enterprise asset management, field service management and customer management applications, to help service delivery organizations optimize interrelated business processes. Along with our emerging strength in the commercial client market, the combined companys client base will include 5 of the top 10 cable companies and 18 of the top 20 utility companies in North America, as well as some of the world’s largest telecommunications companies. The combined footprint of Indus and MDSI will create the most attractive suite of products for the market.”
Indus is a leading Service Delivery Management (SDM) solution provider, helping clients in a broad array of industries optimize the management of their customers, workforce, spare parts inventory, tools and documentation in order to maximize performance and customer satisfaction while achieving significant cost savings.
MDSI provides enterprise mobile workforce management software that improves customer service and relationships and reduces field operating costs by allowing companies to more effectively manage all mobile resources.
