eProductivity Software, the Productivity Software Business of Electronics For Imaging, Inc., has become an independent global software company after being acquired by an affiliate of Symphony Technology Group, a private equity partner to companies in software, data and analytics.
eProductivity Software is a developer of ERP and business and production software purposely built to empower the packaging and print industries. STG’s backing will accelerate EPS’ growth as a standalone company through organic and inorganic initiatives to deepen and broaden the company’s capabilities and further enhance its market leading position in the industries it serves.
“This strategic step in becoming an independent company enables us to bring greater value to our customers, as well as the packaging and print industries overall, by extending our collaboration with key industry technology players. We will of course continue to collaborate closely with our friends at EFI. In addition, we will accelerate investments in our technology advancements and modernization, in our level of partnership with customers, and in driving global organic and inorganic growth,” said Gabriel Matsliach, CEO, eProductivity Software. “Through this process, STG took the time to deeply understand the industries we serve and got excited about our space, customers, and market position. We were impressed by their strong emphasis on growth through innovation and a highly customer centric approach and are looking forward to implementing together that future vision.”
EPS has more than 4,000 mid-market and enterprise customers globally, across all key verticals within packaging and print, including folding carton, corrugated packaging, tag & label, flexible packaging, commercial print, publication, mailing, and display graphics, among others.
