Solen buys food-distribution ERP maker distrib-u-tec, folds it into smrtr
What's the deal? Solen Software GroupDealroom has a profile for this one. Try Dealroom → has acquired distrib-u-tecDealroom has a profile for this one. Try Dealroom →, the food-industry ERP software made by InterSect Business SystemsDealroom has a profile for this one. Try Dealroom →, for an undisclosed sum. The company joins Solen's portfolio and will operate as part of smrtr, Inc.Dealroom has a profile for this one. Try Dealroom →, continuing from British Columbia.
What each side brings: Incorporated in 1996 by Dietz and June Nicolay, InterSect built distribDealroom has a profile for this one. Try Dealroom →-u-tec between 1996 and 1999 alongside six food distributors and packers, most of whom remain customers. Its integrated ERP and accounting platform covers order entry, inventory, warehouse management, production, purchasing, and accounting for food distributors, manufacturers, and processors across North America.
Why now? Solen selected distrib-u-tec for its domain expertise, loyal customer base, and the software's central role in daily operations. Its permanent capital model is built to hold and grow mission-critical software over the long term.
What changes for customers? Little, by design. The team, day-to-day contacts, and support level stay in place, now backed by smrtr's platform and Solen's resources.
What's the endgame? The deal extends smrtr's software for the manufacturing, distribution, and food and beverage industries. "By welcoming distrib-u-tec into smrtr, we are deepening our commitment to the food and beverage industry," said Susanne Moore, chief executive officer of smrtr, Inc.
What the founder says: "In smrtr and Solen we found a partner that shares that philosophy, one committed to supporting our customers and our team for the long term," said June Nicolay, founder and president of distrib-u-tec.
The signal: Permanent-capital acquirers like Solen continue to consolidate niche, mission-critical software — the kind of specialised ERP tools that run entire industries but rarely make headlines. For vertical software founders seeking a long-term home rather than a flip, these buyers are becoming a common exit.
Read more: businesswire.com
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