Business Services Industry
Mobius Venture Capital Invests in ePartners
Business Wire, April 4, 2008
DALLAS -- ePartners[R] (www.epartnersolutions.com), a leading business and technology consultancy and Microsoft Gold Partner, announces today that Mobius Venture Capital is now the largest investor in ePartners. The transaction, which included cash to fund growth, was approved by ePartners' shareholders and terms were not disclosed.
Comprised of experienced entrepreneurs and investors, Mobius brings industry knowledge and practical operating experience to ePartners. An improved ownership and capital structure will also introduce new banking and industry relationships and provide funding to fuel growth plans.
"This transaction will produce substantial value for ePartners shareholders, clients and employees," said Michael McCarthy, CEO of ePartners. "ePartners now has a cost and ownership structure that will enable us to invest in high growth areas such as our healthcare practice (ePartnersMD.com), business intelligence and portal development."
ePartners is a global business and technology services consultancy specializing in Microsoft Dynamics solutions for companies of all sizes. Committed to delivering innovation, vertical expertise and local service, ePartners helps clients align technology and business strategies and deploy cost-effective solutions that provide genuine performance improvements. With over 15 years of experience and proven success, ePartners is poised to continue its position as a market leader.
"ePartners has a rich history in the market, a solid list of clients, and expertise in implementing and supporting world-class business solutions," said Brad Feld of Mobius Venture Capital. "This is an exciting time for ePartners, its employees, and its customers and we are confident this transaction will strengthen their momentum."
For additional information about ePartners, visit www.epartnersolutions.com or call 888-883-9797.
The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
About ePartners Incorporated
ePartners is committed to delivering innovation, industry expertise and local service to our clients around the globe. We are dedicated to helping each client align technology and business strategies to deploy cost-effective solutions that deliver genuine performance improvements. ePartners delivers results through a comprehensive offering of consultation, custom development, systems integration, implementation, training and support. Our solutions create clear competitive advantages for a wide variety of organizations including those in healthcare, manufacturing, financial services and many more. ePartners specializes in implementing market-leading enterprise resource planning (ERP), customer relationship management (CRM) and business intelligence (BI) solutions from Microsoft.
About Mobius Venture Capital
Based in Boulder, Colorado, Mobius Venture Capital manages $1 billion of venture capital investments in companies in the areas of: communications systems software and services; infrastructure software and services; professional services; enterprise applications; healthcare informatics; consumer and small business applications; components; and emerging technologies. For more information on the fund's investment team and portfolio companies, please visit www.mobiusvc.com.
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