NEW YORK - June 20, 2018 - Eden Capital ("Eden") announced today the acquisition of Compass Sales Solutions ("Compass") a leading provider of sales ERP software for the business equipment and technology industry. Eden is a private equity firm focused on investments in sectors including software and business services.
Compass enables salespeople to manage and improve customer relations while closing more deals and enhancing profit margins. Compass, based in Boise, ID, was founded by industry executives who recognized the need for a more robust and fully integrated sales platform that automated all aspects of the sales process and allowed sales professionals to utilize one tool to completely manage their sales objectives.
“The team at Compass looks forward to our next chapter with Eden,” said Troy Casper, the Founder and President of Compass. “Eden's growth strategy, expertise in identifying add-on opportunities and international experience will be a valued resource to us in our next stage of growth. Together, we endeavor to better serve our current customer base and expand our technology offering to new customers.”
“We are excited to partner with Compass to establish the company as a vertical software leader,” said Dina Said, Managing Director of Eden. “We look forward to growing Compass in adjacent technologies and verticals, through organic growth and acquisition of other strategic assets in distribution, construction, agriculture and healthcare."
B Riley served as financial advisor to Compass. Perkins Coie LLP served as legal advisor to Eden. Elm Park Capital provided debt financing for the transaction.
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About Compass Sales Solution
Since 2001, Compass Sales Solutions has been the leading sales force automation provider for the office technology industry. Compass Sherpa provides a comprehensive suite that automates all disparate sales processes and allows your sales professionals to utilize one tool to completely manage the sales process including prospect/client identification, Outlook integration, product configuration, proposal generation, MPS analysis and mapping, ERP integration, and mobile access via smartphone’s and tablets. Compass Sherpa will be the tool your team will want to use, not have to use.
For more information, visit our website at www.compasscontact.net
About Eden Capital
Eden Capital is a sector-focused private equity firm backing leading management teams in business services, healthcare services, and education & training companies.
We partner with management teams, owners, founders, and industry experts to invest in small and medium sized companies featuring proven, scalable business models, a profitable operating history and a sustainable competitive advantage.
Eden Capital’s sector focus provides our firm with an important and expansive knowledge base, key resources and industry and sector leaders. Together these qualities give sellers certainty of close, experienced management teams and a strong partner to grow their business.
Eden Capital employs a flexible and innovative approach, investing through control, majority or substantial minority positions. The firm targets equity investments of $5-50 million from its dedicated fund along with invited co-investors.
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