SCM + AI = Logility + Halo

​​For those interested in supply chain management (SCM) software, artificial intelligence (AI), software as a Service (SaaS), and M&A, then you might find the acquisition of Halo Business Intelligence by Logility of interest (extracts below).
​We also wanted to point out that this deal is an example of what Coventry League could do for organizations seeking to strengthen their corporate development/acquisition capabilities and enhance their understanding of market dynamics related to divestitures and recapitalizations:
 
(a) identify quality acquisition candidates—platforms or add-ons—and
 
(b) broaden the scope of viable strategic buyers of portfolio companies, subsidiaries, or divisions that are ripe for divesting/harvesting.

So, why not invest 15 minutes of your time to Contact Us for thoughtful and creative ideas? After all, “nothing ventured is nothing gained,” as they say.

Extracts from the Press release and news articles:

On November 27, 2017, Logility, Inc., a wholly-owned subsidiary of Atlanta-based American Software, Inc., completed the acquisition of privately-held Halo Business Intelligence, a San Diego-based supplier of advanced analytics and business intelligence solutions for the supply chain market.

  • Logility (Atlanta) is a leading provider of collaborative supply chain management (SCM) and advanced retail planning solutions. Gartner’s ranking of the top 10 companies based on revenues from supply chain planning software placed Logility in 9th, with $47 million. Logility customers include Abercrombie & Fitch, Big Lots, Fender Musical Instruments, Parker Hannifin, Verizon Wireless, and VF Corporation.
  • Halo (San Diego) is a leader in data visualization and advanced analytics solutions for the supply chain. (AI/machine learning.)

==> As supply chains transition towards a digital era driven by algorithmic planning and machine learning, companies need a single, integrated platform to simplify the growing complexity and abundance of both structured and unstructured data available.

==> “Supply chains are powerful interconnected ecosystems that contain enormous amounts of usable data that is left untapped by most companies,” said Allan Dow, president, Logility.
………….
​American Software, Inc. (Nasdaq: AMSWA) 

As of close 29 Nov 2017:

  • Market Cap: $386m | Stock Price/share: $12.94 (52wk range: $9.00 – $13.05)

Fiscal YE 30 April 2017:

  • Revenues $106m | EBITDA $14m | no long term debt
CoventryLeague.com highlights an M&A transaction related to American Software (Nasdaq: AMSWA), Logility, and Halo Business Intelligence operating in the supply chain management (SCM) and software as a service (SaaS) sectors (c. 2H2017).

AMERICAN SOFTWARE, INC. (AMSWA): close of 30 Nov. 2017

Leave a Comment

Your email address will not be published. Required fields are marked *