PE-backed Quadrant Software acquires two software companies
Quadrant Software LLC, a portfolio company of U.S. private equity firm Candescent Partners, said Thursday that it has acquired Business Computer Design Inc (BCD) and ExcelSystems Software Development Inc (ESDI). No financial terms were disclosed for the deal. Chicago-based BCD and ESDI, which is located in Victoria, British Columbia, are software companies. Update: ESDI develops, supports and provides services for almost all of the software under the BCD brand. Candescent led the acquisition of the Mansfield, Mass.-based Quadrant Software in 2010.
6 February 2014•4 mins read
