Prism Visual Software Acquires Advantage Route Systems
03 Mayo 2024 - 2:52PM
Business Wire
Prism Visual Software, Inc. (“Prism” or “the Company”), a
leading provider of direct store delivery (“DSD”) and route
accounting software to manufacturers and distributors, today
announced that it has acquired Advantage Route Systems, Inc.
(“Advantage Route Systems” or “ARS”), another leader in the route
delivery software space.
The acquisition of ARS and its suite of modern, scalable
software solutions complements Prism’s existing portfolio of
products and will help to further the Company’s organic growth
plans, expanding Prism’s addressable market, use cases, and
geographical reach.
“ARS has a proven track record of providing high-quality
service, well-designed products, and creative solutions that meet
the needs of distribution customers across the world,” said Craig
Mordi, Chief Executive Officer of Prism. “We believe that ARS’s
highly-configurable, well-architected suite of Mango One solutions
represent a strong platform from which to scale Prism’s existing
software and services. We look forward to the continued growth and
success of both companies.”
“I believe that we have found an excellent partner in Prism,”
said David Kroutil, Chief Executive Officer and Founder of ARS. “At
ARS, we have always placed our customers and employees first. With
the growing demand for better and more powerful software, teaming
up with Prism allows us to grow and offer a more complete family of
products to our customers. I am excited to see the continued
progress and innovation as we bring together two of the leading
companies in the industry.”
The transaction closed on April 16, 2024. Financial terms were
not disclosed.
Prism (www.prismvs.com) is a leading provider of DSD and route
accounting software to manufacturers and distributors globally.
Founded in 1998 and based in Melville, NY, Prism has customers in
various industries such as beverages, food, gas, and water
treatment. Prism is a portfolio company of Iron Creek Partners LLC
(www.ironcreek.com), a Santa Fe, NM based private investment
firm.
Advantage Route Systems (www.AdvantageRoute.com) is a leading
provider of DSD and route accounting software to manufacturers and
distributors across 22 countries. Founded in 1994 and based in
Turlock, CA, ARS serves customers in many industries, with
particular focus on beverage, propane, oil recycling, and bottled
water.
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Iron Creek Partners LLC Jeff Montagna, (949) 547‐5201 Email:
press@ironcreek.com