FACTON, a global software provider of enterprise product costing solutions for the manufacturing industry, has been acquired by FOG Software Group, a provider of Smart Manufacturing software.
- The FACTON EPC Suite is the leading Enterprise Product Costing (EPC) solution for many of the Fortune Global 100 manufacturers and their suppliers
- FACTON will be an independent business unit within FOG’s portfolio of Smart Manufacturing software companies, which is led by Shoplogix
About FACTON
The FACTON EPC Suite is the leading Enterprise Product Costing (EPC) solution for the automotive, aerospace, mechanical engineering, and electronics industries. Its specific solutions offer robust answers to the requirements of executive management and individual departments within the enterprise. FACTON was founded in 1998 and has locations in Potsdam, Dresden, Stuttgart, and Detroit. The international portfolio of customers includes Ford Motor Company, Henniges Automotive, DURA Automotive Systems, Airbus, Mahle Behr, MANN+HUMMEL, Porsche, and other renowned manufacturers.
About FOG Software Group
FOG Software Group is a division of Vela Software and Constellation Software, Inc. [TSX:CSU] – a US$3.5 billion consolidated revenue software conglomerate headquartered in Toronto, Canada. The companies acquire, manage, and build software companies in a variety of vertical markets. By helping their acquired companies improve operations, grow through organic initiatives, and seek additional acquisitions that can strengthen their market position, their portfolio companies become clear leaders in their industries.
About Shoplogix
Shoplogix is a division of FOG Software group and Constellation Software, Inc. (TSX:CSU). Founded in 2002, Shoplogix is a leader in the IIoT Smart Factory software industry. By connecting people, processes, machines, and data through their Smart Factory Cloud Platform, manufacturers are empowered to accelerate operational excellence and to unlock hidden production performance improvements. Shoplogix serves customers in 32 countries, primarily in the automotive, food & beverage, consumer packaged goods, industrial packaging, and steel services industrial sectors.
Transaction Details
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SectorsIndustrial Software
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ServiceM&A
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OwnershipInvestor-Backed
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PracticesEngineering SoftwareManufacturing Software