MAM Software Group, Inc. Agrees to be Acquired by Kerridge Commercial Systems for $12.12 per Share in Cash
We are thrilled to announce that we have acquired the inspHire software business from our reseller Elev8 Australia Pty Ltd, providing fantastic opportunities to strengthen our presence in the Australian market. While we will continue to operate with the same great people, the acquisition will add value to our customers, our new employees and our investors. We have offered award-winning hire software through the local reseller for the last 12 years and now plan to service customers directly, aligning the customer experience and growing market share. However, for the time being it’s business as usual.
We are excited to announce that inspHire has joined Kerridge Commercial Systems (KCS), a leading supplier of software to wholesalers, merchants and other distributive businesses. Acquiring both inspHire and Current-RMS, provides KCS fantastic opportunities to strengthen two leading rental software providers. We have welcomed the acquisition, as KCS will be investing in the development of our products, as well as maintaining and supporting us in the future. A further key benefit for us is the support KCS will provide around our expansion in the US, UK and Europe, which is very important for us.