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PROFITsystems Acquires EasyChair Software

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PROFITsystems, Inc., the leading retail management and accounting software provider for the furniture industry, has acquired EasyChair Software, a competing firm. EasyChair is located in Minneapolis, MN and has been in business since 1986. The acquisition strengthens PROFITsystems’ status as the premier provider of revenue-enhancing software for the home goods industry. Both PROFITsystems and EasyChair clients will benefit from combining EasyChair’s expertise and unique features with PROFITsystems’ technological leadership and corporate strength. The new entity is poised to improve customer service levels for all clients and to reduce operating costs while growing sales. “Nothing is more important to us or more valuable to our continued success than the strong relationship we have with our customers,” said PROFITsystems President Jeff Niskern. “This transaction will give our clients, old and new, even better technology and service to help them make money.” PROFITsystems’ financial position is strengthened by both external and internal investors. The Riverside Company, a two billion dollar firm, is focused on PROFITsystems’ position as the leading solutions provider to home goods retailers around the world. “Riverside is very excited about PROFITsystems’ acquisition of EasyChair Software and what it means for the future of both companies and their clients.” said Jeff Goodman, Operating Partner for The Riverside Company. “EasyChair Software clients now have the peace of mind that comes with being supported by the most successful company in the industry, plus they now have access to an even wider portfolio of products and solutions to help them grow their businesses and improve profitability.” Within PROFITsystems’, an Employee Owner’s Group currently enrolls eighteen staff who are invested in the company’s future success through a stock ownership program. PROFITsystems’ core product, PROFITprofessional, allows clients in the retail furniture industry to easily manage their accounting systems, financial reporting and planning, customer service, inventory, purchase orders, sales tickets and analysis, and other functions. PROFITsystems Inc., based in Colorado Springs, Colorado, is comprised of six strategic business units dedicated to helping retailers make money. These business units include tools like financial analysis, strategic planning, warehouse logistics, sales consulting, performance groups, advanced education, a group buying freight program as well a complete software package designed and created for the specific needs of the home goods industry. To learn more, please visit www.profitsystems.net.

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