SEG Announces Fourth SaaS Transaction of 2011

Software Equity Group, LLC (SEG) announced today that its client, Pointandship Software, a provider of cloud-based shipping and expense management software, has been acquired by Kewill (LSE: KWL), a global supply chains solutions provider.  Terms of the transaction were not disclosed.

With this asset acquisition Kewill adds cloud-based software for both parcel shipping and expense management to its market-leading portfolio of shipping (parcel, LTL, TL) solutions. Kewill provides multi-carrier desktop shipping to large and mid-sized companies. These organizations typically have significant, but distributed package shipping requirements but lack an in-house infrastructure to manage the shipping process. Pointandship’s SEMS software will join Kewill’s portfolio of shipping products that include Kewill Flagship™, a multi-carrier, multi-facility, high volume solution, and Kewill Clippership™, a multi-carrier solution for the SMB segment. SEMS enables Kewill to offer a cloud-based desktop shipping capability for this important market.

“We are very pleased to be adding Pointandship’s SEMS to our range of shipping products”, said Michael Dolan, Chief Operating Officer for Kewill Inc.. “With this SaaS solution we are able to support the largest enterprises as well as the small and mid-size business markets (SMB) with both premise – as well as cloud-based shipping solutions. This enables us to not only offer scalable choices for the market but also supports our rapidly expanding VAR, reseller, and partner channels.”

About Software Equity Group

Software Equity Group is an investment bank and M&A advisory serving the software and technology sectors.  Founded in 1992, our firm has guided and advised companies on five continents, including privately-held software and technology companies in the United States, Canada, Europe, Asia Pacific, Africa and Israel.  We have represented public companies listed on the NASDAQ, NYSE, American, Toronto, London and Euronext exchanges. Software Equity Group also advises several of the world’s leading private equity firms. We are ranked among the top ten investment banks worldwide for application software mergers and acquisitions.

For more information:
Ken Bender, (858) 509-2800
kbender@softwareequity.com

Software Equity Group’s Client, EnginuityPLM, Acquired by Dassault Systèmes

SAN DIEGO, CA – April 27, 2011.  Software Equity Group, LLC (SEG) announced today that its client, Enginuity PLM, a leader in formula-based Product Lifecycle Management solutions widely acknowledged as best-in-class has been acquired by Dassault Systèmes (ENXTA: DSY), a world leader in 3D and PLM solutions. The amount of the transaction was not disclosed.

The addition of Enginuity expands Dassault Systèmes’ extensive suite of collaborative business process solutions based on its ENOVIA® V6 platform.  With ENOVIA® and the Enginuity solution, formula-centric companies in the pharmaceutical, personal care, cosmetics, food and beverage, and flavor/fragrance industries will be able to accelerate product innovation and product launches while successfully navigating complex regulatory requirements and more effectively managing and leverageing their formula, packaging and consumer intellectual property in a single PLM solution.

“We believe that the acquisition of Enginuity represents a keystone in our PLM solution for formula industries, enabling us to expand the services and value that we deliver to our customers in this previously underserved space,” said Michel Tellier, CEO, ENOVIA®, Dassault Systèmes. “Additionally, this acquisition allows our core technology and offer a complete product definition for process industries including product, packaging and labeling.”

Dr. John Sottery, founder and CEO, Enginuity commented, “For the past 18 years we have focused on helping a number of the world’s largest and most successful formula based companies address a fundamental industry dilemma – how to accelerate innovation and reduce time-to-market while simultaneously navigating an increasingly complex global regulatory environment. By combining our best-in-class formula PLM solution and deep industry domain knowledge with Dassault Systèmes’ ENOVIA V6 PLM platform, I believe that we will revolutionize how our customers develop and launch formulated products.”

About Dassault Systèmes

As a world leader in 3D and Product Lifecycle Management (PLM) solutions, Dassault Systèmes brings value to more than 130,000 customers in 80 countries. A pioneer in the 3D software market since 1981, Dassault Systèmes applications provide a 3D vision of the entire lifecycle of products from conception to maintenance to recycling. The Dassault Systèmes portfolio consists of CATIA for designing the virtual product – SolidWorks for 3D mechanical design – DELMIA for virtual production – SIMULIA for virtual testing – ENOVIA for global collaborative lifecycle management, EXALEAD for search-based applications and 3DVIA for online 3D lifelike experiences.

About EnginuityPLM

Enginuity PLM provides a collaborative product development platform for global 2000 organizations in the formula-based, process manufacturing industries. Combining a global product development knowledge repository and powerful search engine with robust formula CAD, regulatory management and product launch functionality – the Enginuity® solution allows companies to accelerate product innovation and achieve real-time regulatory compliance, while significantly reducing time-to-market, raw material costs and total cost of ownership. The Engenuity product development software is used by leading cosmetics, consumer packaged goods (CPG), over-the-counter (OTC) drug, specialty chemical and pharmaceutical companies around the world. Customers include Shiseido subsidiary Zotos International, Revlon, Schering-Plough, Coty Inc., AkzoNobel, Energizer, Merck and Procter & Gamble (P&G).

About Software Equity Group

Software Equity Group is an investment bank and M&A advisory serving the software and technology sectors.  Founded in 1992, our firm has guided and advised companies on five continents, including privately-held software and technology companies in the United States, Canada, Europe, Asia Pacific, Africa and Israel.  We have represented public companies listed on the NASDAQ, NYSE, American, Toronto, London and Euronext exchanges. Software Equity Group also advises several of the world’s leading private equity firms. We are ranked among the top ten investment banks worldwide for application software mergers and acquisitions.

For more information: Allen Cinzori, Managing Director, Software Equity Group, 858-509-2800

SEG’s Client, Cytiva Software (TSX-V:CRX), to be acquired by Taleo (NASDAQ:TLEO)

San Diego, CA, 02/1/2011 – Software Equity Group announced today that its client, Cytiva Software (TSX-V:CRX), a leading mid-market provider of on-demand recruiting software solutions, has signed a definitive agreement to be acquired by Taleo Corporation (NASDAQ:TLEO), the leading provider of on-demand talent management solutions, for approximately $11 million Canadian dollars in cash.

This acquisition solidifies Taleo’s leadership position in talent management for small and medium-sized businesses, and will extend Taleo’s customer base that will benefit from Taleo’s unified talent management platform. The acquisition continues Taleo’s commitment to offer SMB customers a fully optimized talent management suite to meet the unique needs of this market.

Cytiva software is used by more than 250 companies throughout North America including Restoration Hardware, Ocean Spray and Mediacom. Cytiva has been recognized by Bersin and Associates for its candidate and hiring manager user experience.

“We are excited about the opportunity to continue providing Cytiva’s customers with a high level of service and support while bringing them the advantages of Taleo’s full suite of recruiting, performance, succession, compensation, and learning capabilities,” said Michael Gregoire, Chairman and CEO of Taleo. “Through our experienced, dedicated integration team we will ensure that our new customers’ needs are heard and addressed as they leverage all of Taleo’s capabilities to better know their people and drive business results.”

The acquisition is subject to customary closing conditions, including regulatory approval, and is expected to be completed early in Q2, 2011.

About Software Equity Group (SEG)
Software Equity Group is an investment bank and M&A advisory serving the software and technology sectors. Founded in 1992, the firm provides both sell-side and buy-side representation to privately held companies, U.S. and foreign public companies, and several of the world’s leading private equity firms. SEG has advised and guided software and technology companies in the United States, Canada, Europe, Asia Pacific, Africa and Israel. The firm’s quarterly Software Industry Equity Reports are read by some 15,000 software industry executives, entrepreneurs and equity investors. For more information, visitwww.softwareequity.com.

For questions please contact: Allen Cinzori, Managing Director, Software Equity Group, 858-509-2800.