IgniteTech is a Business Unit (BU) of the ESW Capital Group based in Austin, Texas. ESW’s M&A team focuses on locating software companies for acquisition, and then after the transaction closes, ESW entrusts the acquired company to one of its BUs to manage and to focus on stabilizing and then strengthening the company for the newly acquired customer base. By taking advantage of ESW’s unique operating platform consisting of world-class, scalable centralized services, we revitalize our acquisitions for sustainable success while making customer satisfaction a top priority.
ESW, and its affiliated companies, have been in the enterprise software space since 1988, and in addition to IgniteTech, the Group includes notable brands such as Aurea, Trilogy, Crossover and DevFactory.
Post-close, we quickly work with the new customer base to restore confidence and maximize customer value through innovative programs and enhanced support.
For example, IgniteTech’s revolutionary Unlimited program offers free, additional software solutions to all existing customers for the price of their existing license, and our global Services organization provides a Platinum support option which features additional, and often newly-crafted, services included in the Platinum offering.
Often, we find these software companies have been operating at a financial loss, and have become “trapped” due to technology, market or even talent misconfigurations. We look at the whole organization and restructure for profitability and long-term success.
We believe keeping businesses part of our group ― and operating together ― is the path to success. We aren’t operating as a “fund” that buys and sells properties — we keep the software we acquire and support it as long as one customer needs it. It’s not a land grab for technology but rather a service to the customers who depend on these solutions.
The broad ESW portfolio includes SaaS and on-premise software, tech-enabled managed services, and pure IT consulting companies in North America and Europe.
Since 1988, ESW Capital has been experts in enterprise software, and our acquisition strategy offers seller-friendly, all cash, high close deals. Check out the creative messaging our Think3 M&A division uses to speak to founders of software companies who need to or are wanting to, find a way out.
Transactions are quick and no-nonsense. In many cases 10 days to LOI, 45 days to close with no post-close contingencies. Our streamlined process focuses on simple metrics, and our valuation methodology overlooks unattractive growth rates and/or earnings history.