In August, Capital Resource Partners completed the sale of its investment in The Richardson Company to ClearLight Partners and management. Richardson is a premier global sales training and consulting firm founded in 1979 by Linda Richardson, a recognized leader in the sales training industry credited with the movement to consultative selling. Richardson accelerates the productivity… Continue Reading →

Ardence Inc., the leader in developing software platforms for the on-demand world, today announced that industry analyst firm Enterprise Management Associates (EMA) has praised Ardence’s Software-Streaming Platform in a non-commissioned report that reviews current industry perspectives on virtualization. The report, titled “Virtualization: Exposing the Intangible Enterprise,” cites Ardence’s approach as one that is creating a… Continue Reading →

MINNEAPOLIS, Aug. 15 /PRNewswire-FirstCall/ — SoftBrands, Inc., a global supplier of enterprise application software, has completed its acquisition of MAI Systems Corporation and its subsidiary Hotel Information Systems (HIS). SoftBrands has completed its financing and has executed a credit agreement providing $21 million to finance the acquisition under a term loan maturing in seven years…. Continue Reading →

MINNEAPOLIS, Aug. 22 /PRNewswire-FirstCall/ — SoftBrands Inc. , a global supplier of enterprise application software, today announced it has selected Alpha Solutions Limited, a leading provider of information technology solutions for the hospitality industry, as its exclusive seller and installer of SoftBrand’s Medallion property management system in the Caribbean. Located in Trinidad, West Indies, Alpha… Continue Reading →

WSJ’s Startup Journal The 25 Franchises That Made the Cut for Our List By LAUREN BAIER KIM For prospective franchisees contemplating a purchase, the number of options can be daunting. In the U.S. alone, there are more than 2,500 brands, according to FRANdata, an Arlington, Va.-based independent franchise research firm. Start-up costs for new franchisees… Continue Reading →

In June, Capital Resource Partners completed the sale of Aspen Dental Management, Inc. to a financial buyer. Aspen is the premier Dental Practice Management Company in the Northeast, providing comprehensive dental and lab services. The Company has successfully grown from 45 to 90 retail offices since CRP first invested in February 2004. Over the same… Continue Reading →

Ardence Inc., the leader in developing software platforms for the on-demand world, today announced that Robert M. Lapides has been named Executive Vice President and General Manager and will head its Enterprise Division world-wide. Mr. Lapides, who has more than two decades of executive-level experience and success in high technology sales and marketing, strategic alliances,… Continue Reading →

CHICAGO, June 29 /PRNewswire-FirstCall/ — eCollege(R), a leading provider of value-added information services to the post-secondary education industry, today announced that it has notified the holders of its seller notes that it will prepay $1.5 million aggregate principal amount of such notes on June 30, 2006. The payment will reduce eCollege’s long-term debt to approximately… Continue Reading →

MINNEAPOLIS — SoftBrands Inc., a global leader in enterprise software for manufacturers and ISV partner of SAP America, Inc., has formed a partnership with Coastal Range Systems, a Canadian reseller of business IT solutions, to sell SoftBrands’ Fourth Shift Edition for SAP Business One to Canadian manufacturers. Coastal Range Systems, which has 50 employees and… Continue Reading →

MINNEAPOLIS, Minn. — SoftBrands, Inc. today announced the appointment of Gregg A. Waldon as senior vice president and chief financial officer. Waldon’s employment is effective immediately. Most recently, Waldon was chief financial officer, secretary and treasurer of Stellent, Inc. , a provider of content management software solutions. “SoftBrands is very pleased to have someone of… Continue Reading →