![]() |
Delivering IT solutions |
![]() |
|
|
PRESS RELEASE - 8 August 2005Advanta Announces Acquisition of Pacific Software’s Logistics DivisionAdvanta Software, specialist software solutions provider to the 3PL and Logistics markets, has announced the acquisition of Pacific Software’s Logistics Division. Pacific has operated as a dealer for Advanta’s logistics application packages for the past 15 years. Over this period it has built and supported a client base spanning all states of Australia and some coverage of the Asia Pacific. While the underlying software for all clients is the Advanta suite, Pacific has also built a Fuel Distributors system to supplement and integrate with the Advanta packages. The Fuel Distributors software is one of the leading Australian products in this market niche. Under the acquisition Advanta has taken on all Pacific’s logistics staff, the Fuel Distributors package and the support of all Pacific’s logistics clients. Advanta will establish a new office in Brisbane to continue direct support of the local client base. After the divestment Pacific will continue to operate as a specialist software house in defined market segments. Commenting on the acquisition Robert Kery, Advanta’s Managing Director said, "We are pleased to welcome Pacific’s clients and staff into our company. This acquisition is an important step in our plans to broaden our geographic coverage across Australia and overseas." "This caps off a successful year for Advanta, following on recent deals with Bell Total Logistics, Hoepners and Caltex. The experienced Pacific support team will ensure we continue to deliver successful implementations and responsive support to our increased client base."
|