Chicago, IL – BMI Mergers & Acquisitions, a lower middle-market investment bank, announced the sale of its client, xTuple, an ERP software solutions provider, to CAI Software.
Virginia-based xTuple is the top ERP platform for small to mid-sized businesses, designed to address needs specific to manufacturing and distribution. Customers can selectively implement sales and CRM, inventory, manufacturing, purchasing, shipping, receiving, and accounting functionality as part of their overall growth strategy.
CAI Software, a portfolio company of STG Partners, delivers mission-critical, production-oriented enterprise resource planning (ERP), manufacturing execution systems (MES), warehouse management software (WMS), electronic data interchange (EDI), and process automation software and services to leading companies in select vertical markets.
About BMI Mergers and Acquisitions
BMI Mergers and Acquisitions provides M&A advisory services to privately held companies in the lower middle market. The firm has established experience in industry verticals, including software and technology services. BMI Mergers has been in business for over 15 years and has offices in New York, Chicago, and Philadelphia. Securities transactions are conducted through StillPoint Capital, LLC, Tampa, FL.