Kerridge Commercial Systems (KCS), a global leader in Enterprise Resource Planning (ERP) and business management software for distribution, servicing, and rental businesses, has been making significant strides in expanding its portfolio and market presence through a series of strategic acquisitions.
In 2023, KCS acquired Omni Accounts Software, a prominent South African provider of accounting and ERP software. This move is part of KCS's strategy to bolster its presence in the South African market, gain a broader customer base, and diversify its product offerings. Omni Accounts Software, based in Kwa-Zulu Natal, brings with it a loyal customer base and a talented workforce, enriching KCS’s capabilities in accounting and finance software solutions.
July 2023 marked a pivotal moment for KCS as private equity firm CapVest Partners acquired the company from Accel-KKR in a deal exceeding $1 billion. This new partnership aims to accelerate KCS's growth and innovation in response to the evolving demands of the digital era. With CapVest’s backing, KCS is well-positioned to expand its product range and enhance its service delivery to customers worldwide.
KCS's acquisition of Compilator in 2022, a Swedish ERP software provider for the construction and building materials industries, further solidified its market position. Compilator had earlier acquired Team Systems, a UK-based ERP company, in 2016, which complemented KCS's strategic objectives by extending its reach into the construction sector and strengthening its UK market presence.
Most recently, KCS completed the acquisition of Rain Data, a specialist in product information and data solutions. This acquisition is a significant step towards enhancing KCS's ability to provide comprehensive product data management solutions. By integrating Rain Data’s capabilities, KCS aims to offer its customers improved data quality, consistency, and accessibility. This will streamline operations, enhance decision-making processes, and ultimately improve customer experiences across various industries.
The integration of Rain Data's solutions into KCS's offerings will bolster its ERP and business management software with advanced product data integration and management features. This enables customers to better manage and leverage their product data, providing them with a competitive edge in their respective fields. The acquisition also paves the way for developing new product information and data solutions tailored to the specific needs of KCS's target markets, including distribution, servicing, and rental businesses.
