
PMG Admin
ACQUISITIONS LIFT COLUMBUS
- Friday, 13 November 2015
The purchases of two resellers in the United States and a consulting organization in Denmark this year boosted results for Columbus for the third quarter ended September 30. The Danish Dynamics VAR pointed to this year's pick up of InterDyn BMI and Sherwood Systems, along with the acquisition of MW Data in its home country the major factors in the uptick. For the year-do-date, profit after tax hit about $4.9 million, an increase of 13 percent from the prior year.
ACCOUNTMATE HONORS A.K.A.'S KLEYFF
- Thursday, 12 November 2015
AccountMate Software his given its President's Award to Alex Kleyff of Staten Island, N.Y.-based A.K.A. Consulting. The recognition was given to Kleyff, who has sold AccountMate since 1996, as the software publisher handed out its Achievement awards for the year at its recent reseller Roundtable. CEO David Dierke cited Kleyff's use of vertical products to service clients. The Director of Sales Award went to Tim Olson of BITTT Enterprises of Naperville, Ill.
INTACCT IPO MOVES FARTHER AWAY
- Thursday, 12 November 2015
Intacct CEO Robert Reid has pushed the possibility of an initial public offering farther into the future than seemed likely a year ago. With capital so readily available from banks, the cost of such lending is less than the cost of raising capital via an IPO, he said. Reid made the comments at this week’s Advantage user and reseller conference. He gave no timeframe but agreed the state of the market makes an offering less necessary.
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