NEW CANAAN, CT / ACCESSWIRE / August 8, 2024 / Draycott Place Partners today announced that its client ProfitKey International LLC (ProfitKey) has been acquired by ECI Software Solutions (ECI).

Draycott Place Partners, an affiliate of Weild & Co., acted as exclusive financial advisor to ProfitKey.

Founded in 1979, ProfitKey is a leading provider of enterprise resources planning (ERP) software for small and medium-sized contract manufacturers in the United States.

“I am very excited about this news and the great value it will create for all ProfitKey shareholders,” said Kevin O’Keefe, CEO of ProfitKey. “Our investors will receive a reasonable return on their investment, while our clients will benefit from the additional resources ECI brings to their long-term success. ProfitKey employees will have greater opportunities for professional and personal growth by joining a larger, global organization like ECI.”

Steven Palmer, President of Draycott Place Partners, said, “It has been an honor to work with Kevin and his team to deliver this great outcome for ProfitKey’s shareholders, management team, employees and customers.”

Regarding Draycott Place Partners, Kevin O’Keefe added, “Steven and Jerrod were fantastic partners and did a great job of casting a wide net and reaching out to potential partners. They then rolled up their sleeves and executed the blocks and attacks necessary to help us close the transaction with ECI. In short, they added significant value over the course of our working with them.”

About ECI

ECI provides cloud-based enterprise software for end-to-end management of small and medium-sized businesses. Developed by experts in manufacturing, home construction, field service, building materials, office equipment and wholesale/retail, ECI’s industry-specific software connects companies and customers, improving visibility, operational efficiency and profitability. With ECI, companies seamlessly integrate sales and marketing, business intelligence, CRM, data and analytics, e-commerce, mobile apps and payment processing. With more than 30 years of industry leadership, ECI is trusted by 24,000 customers in more than 80 countries worldwide. The company is headquartered in Westlake, Texas, with offices in the United States, Canada, Mexico, the United Kingdom, the Netherlands and Australia. For more information, visit www.ECIsolutions.com.

About Draycott Place Partners

Draycott Place Partners provides M&A and capital raising services primarily to execution providers, proptech companies and other fintech service companies such as ProfitKey. Draycott Place Partners is an affiliate of Weild & Co., a licensed broker-dealer. All securities transactions are processed through Weild & Co., member FINRA | SIPC.

www.draycottplace.biz
(email protected)
203-952-2632

Contact information:

Steven Palmer
President, Draycott Place Partners
(email protected)
2039522632

SOURCE: Draycott Place Partners LLC

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