Parallax Company Computron Acquired By Aptean
Alpharetta, GA – December 8, 2015 (GLOBE NEWSWIRE) — Aptean announced today the acquisition of Computron Software, LLC, a leading supplier of accounting and finance enterprise resource planning software to mid-market and multi-national organizations. Computron’s flexible software enables its global customers to manage a wide variety of mission critical business and financial processes, including revenue management, business performance management, budgeting, forecasting, and financial reporting.
“Computron has a long history of providing world-class enterprise software solutions to its loyal customer base, aligning it well with Aptean’s growing suite of vertically-focused, trusted ERP offerings,” said Kim Eaton, Aptean CEO. “Computron’s strong global presence also complements Aptean’s global footprint, strengthening Aptean’s opportunity for continued growth.”
“We are pleased for Computron to join the Aptean team and to benefit from their depth of knowledge and expertise in delivering relevant and trusted ERP solutions to customers globally,” said John Baldwin, Computron CEO and Parallax Capital Partners partner. “Aptean’s experienced leadership team and proven operational capabilities will support Computron’s ability to deliver a comprehensive suite of solutions, as well as world-class support to its customer base.”
Computron services a large global customer base including financial institutions, government and municipalities and other focused industry verticals. Through their solution offerings, Computron helps their customers successfully navigate the very complex and highly regulated world of accounting functions and security controls while managing an unlimited number of fiscal entities and currencies as well as the process of producing standard periodic operational analyses. Computron enables its customers to extract current information on an ad-hoc basis using EIS-like analytical graphical tools, making currency translation, automatic consolidation, run-time report parameters, and cross-company and ledger activities routine processes.
Computron was established in 1978 when it introduced the first version of Enterprise Financials, an accounting software application suite. With steady sales growth based on solid and durable software solutions deployed at global customers like AIG and Raymond James, Computron went public in 1995, changing its name to AXS-One in 2000. In 2006, the Enterprise Financials division of AXS-One was acquired by Parallax Capital Partners. Computron has offices in Australia, England, South Africa and the United States.
Aptean is a leading provider of industry-focused mission critical enterprise software solutions. We build and acquire solutions to support the evolving operational needs of our customers. Our solutions help nearly 5,000 organizations stay at the forefront of their industries by satisfying their customers and continuing to operate more efficiently. For more information, visit www.aptean.com.