Washington, DC (June 28, 2007) -- FOCUS Enterprises, Inc.,
a national middle market investment banking firm providing
merger, acquisition, and corporate finance services announced
that it has facilitated the sale of Dunn Solutions Group
to Cranes Software. Dunn Solutions Group is a business
and technology consultancy specializing in business intelligence,
transactional and knowledge solutions. Cranes Software
will use the acquisition to leverage Dunn Solutions Group’s
US domain knowledge in analytics, enterprise project portfolio
management, and enterprise applications in verticals such
as banking, financial services, insurance, pharmaceutical,
health care, education, government, and the non-profit industry.
Cranes Software is a global scientific and engineering software
solutions provider headquartered in India. The Managing Director
of Cranes Software, Asif Khader, announced the acquisition
by saying, “Dunn Solutions has exceptional strategic
experience, design skills and technologic expertise. With
this acquisition we will have an extremely strong and prominent
presence in the high potential US consulting services market. Complemented
by Cranes’ strong development skills and expertise,
the Dunn Solutions Group acquisition will strengthen our
capabilities to compete in the $2.6 billion global business
intelligence market.”
William Dunn, President of Dunn Solutions Group said of
the acquisition, “We are excited about the potential
to create cross sell opportunities and expand aggressively
in the U.S. market. This is a win-win relationship
for both companies and I am sure that by working together,
we can deliver more value to our customers and achieve greater
success.”
About Dunn Solutions Group
Dunn Solutions Group is a business and technology
consultancy specializing in business intelligence, transactional
and knowledge solutions. Headquartered in Skokie, IL with
satellite offices in Raleigh, NC and Eagan, MN, DSG has been
serving Global 2000 and government clients since 1988 with
a consistent focus on delivering effective technology solutions
that meet business needs. To each engagement, DSG brings
a solid understanding of business strategy and deep technical
expertise, complemented by strong partner relationships with
leading vendors like Business Objects, Borland, BEA, and
Microsoft. More information about Dunn Solutions Group can
be found at www.dunnsolutions.com.
About Cranes Software International Limited
Cranes Software is a Global Scientific & Engineering
Software Products and Solutions Company. The Company's business
interests span Products, Solutions, Services and R & D
in future technologies. Cranes Software addresses the Scientific & Engineering
software related needs of large multinational companies,
governments, defense establishments, educational and research
institutions. Today, Cranes Software has its presence
in 38 countries across the world and has a 350,000 strong
global user base. Cranes Software offers a range of proprietary
products – NISA, SYSTAT, SigmaPlot, SigmaStat, SigmaScan,
TableCurve 2D, TableCurve 3D, PeakFit, AnalytiX, iCapella,
Alerts, InventX and world-renowned products from reputed
principals such as Engineering Technology Associates (ETA),
LSTC, The Mathworks, Texas Instruments and IBM. With
a mission statement to provide its customers the best in
scientific technology and to enable its customers to define
new limits, Cranes Software is setting new standards in the
scientific and engineering field. For further information
on the company, its products and services please log on to www.cranessoftware.com.
About FOCUS Enterprises, Inc.
FOCUS Enterprises, Inc., founded in 1982 in
Washington, DC, provides a range of investment banking services
tailored to the needs of middle market businesses. Today
the firm serves clients from offices in major cities across
the United States and worldwide. FOCUS is increasingly involved
in trans-border transactions on behalf of its clients. FOCUS
specializes in transactions for entities with up to $300
million in revenues, serving entrepreneurs, corporate owners,
and investors across a broad range of industries. With
many completed transactions in this industry, IT solutions,
services and staffing is a major vertical where FOCUS partners
have broad operating and deal experience. FOCUS has
26 investment banking professionals in its four offices in
Atlanta, Chicago, San Francisco, and Washington, DC advising
existing customers globally. FOCUS securities transactions
are cleared through Wm H. Murphy Co. affiliated FINRA broker
dealer. For more information on FOCUS Enterprises, visit
their web site at www.focusbankers.com. |
