Aptean Extends ERP Solution Suite to Enterprise Asset Management With Acquisition of AssetPoint

ALPHARETTA, Ga., Jan. 07, 2016 (GLOBE NEWSWIRE) -- Aptean announced today the acquisition of AssetPoint, a leading provider of Computerized Maintenance Management Software / Enterprise Asset Management (CMMS / EAM) solutions. AssetPoint’s CMMS / EAM solution, TabWare, is utilized by organizations of all sizes and in many industries, including Oil & Gas, Discrete and Process Manufacturing, Food & Beverage, Chemicals and Metal Processing.

“The fact that AssetPoint and Aptean share many common customers coupled with AssetPoint’s market expertise and innovative offerings in Enterprise Asset Management make this acquisition a strong strategic fit,” said Kim Eaton, Aptean CEO.  “AssetPoint’s mission-critical asset management solution is a natural extension to Aptean’s ERP software suite, enabling us to offer additional best-in-class solutions to our customers, while providing synergistic growth opportunities to both companies.”

“As a part of Aptean, we will be well positioned to provide more comprehensive and seamless enterprise software solutions to our customers by capitalizing on  Aptean’s large-scale research and development capabilities, as well as their experience delivering technologically superior products to market,” said Mike Levine, President and CEO of AssetPoint. “We look forward to joining the Aptean team, leveraging their leadership and expertise and continuing to bring relevant and trusted software solutions to  customers globally.”

AssetPoint’s TabWare product is a proven CMMS / EAM solution for managing assets, work orders, preventive maintenance, inventory and purchasing. With TabWare, companies can reduce operating costs and increase enterprise value by maximizing asset performance and improving maintenance efficiencies. TabWare is intuitive, easy to use and can be delivered on-premise or as SaaS. The TabWare solution brings full functionality with minimal time or resource investments.

About AssetPoint
For more than 30 years, AssetPoint has been a leading provider of CMMS / EAM solutions helping customers control their operations, reduce maintenance costs, optimize spare parts inventory, streamline procurement and provide greater visibility for improved management, command and control over their assets. Designed by maintenance professionals for maintenance professionals, the TabWare platform is easy to learn, easy to use and has helped tens of thousands of users manage their critical assets. AssetPoint’s customers include leading Food & Beverage, Oil & Gas, Chemical, Mining & Metals, Industrial Manufacturing and a variety of other companies throughout the world. AssetPoint is headquartered in Greenville, SC and prior to the sale to Aptean was a portfolio company of Triton Pacific Capital Partners. For more information, visit www.assetpoint.com.

About Aptean
Aptean is a leading provider of industry-focused mission critical enterprise software solutions. We build and acquire solutions to support the evolving operational needs of our customers. Our solutions help nearly 5,000 organizations stay at the forefront of their industries by enabling them to operate more efficiently, thereby ensuring higher customer satisfaction. For more information, visit www.aptean.com.

FOR MORE INFORMATION
Media Relations
Melissa Floyd, Aptean
[email protected]