MPG’s Engineering Software Practice Releases its Market Update Report
Ralph Verrilli
Managing Director
Michael Magruder
Managing Director
Drew Ogden
Managing Director
January 22, 2020. Madison Park Group (MPG) announced the release of its Engineering Software Market Update. Please click here for access to the update report.
MPG’s Engineering Software practice is spearheaded by Ralph Verrilli, Michael Magruder, and Drew Ogden. Mr. Verrilli commented, “In response to the global pandemic, the world has come to appreciate the strategic impact of engineering and manufacturing technology on our global economy. Strategic acquirers with ample capital are aggressively making acquisitions to complete Industry 4.0 platforms. These companies will fill product voids in extremely focused domains, as well as make acquisitions which allow then to gain footholds outside of their traditional markets. Private equity investors are also now aggressively pursuing engineering and manufacturing technology companies they believe will be critical to the evolution of Industry 4.0.”
Madison Park Group (MPG) actively tracks the Engineering Software landscape and has observed several trends and developments:
About Madison Park Group
Madison Park Group is a strategic M&A and capital raising advisor to the global software economy. The firm’s engineering software practice focuses on applications catered to product development groups across both discrete and process manufacturing enterprises. The firm’s principals have sat on both sides of the table, advising disruptors, consolidators, and incumbents as they navigate strategic initiatives. Industry leaders trust Madison Park Group’s experience in the marketplace.
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