RedPrairie Corporation to Acquire MARC Global Forming Expanded, World-Wide, Customer-Focused Supply Chain Solutions Company

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INFORMATION: A free brochure, white paper or datasheet is available from Red Prairie on the subject in this story. Click here to request a copy

Combining Industrys Leading Products and Services Gives Joint Customer Base Access to Greater Depth of Functionality Across Several Key Verticals, and to Unified, Extended Supply Chain Execution (eSCETM) Suite
 
 
RedPrairie Corporation and MARC Global Holdings, Inc. have jointly announced today that they have signed a definitive agreement, whereby RedPrairie will acquire MARC Global Holdings, Inc. The combined companies, operating under the name RedPrairie Corporation, will unify and support all products and services from both organizations, offering its expanded customer base, access to more abundant and rich solution capabilities, deeper functionality across key verticals and wider geographic support. Former MARC Chief Executive Officer Oliver Cooper will continue to serve in a leadership position within the combined organization, under the direction of RedPrairie Company Leader John Jazwiec.

Says Jazwiec, This alliance unites two forward-thinking companies that have led the supply chain industry by focusing on customer results. We have made the decision to join together, and will continue to drive our business, based on the best interests and business needs of the world-leading companies that make up our global customer base. Both companies offer similar technology with sophisticated integration capabilities and leverage the same technology platforms, allowing us to provide customers an enhanced, broader suite of solutions and seamless technology upgrades. Equally important, both organizations share a customer-focused culture, a dedication to excellence, and product solution innovation.

Cooper says, John and I have taken every measure to ensure a seamless transition for all of our customers. We are very excited by the synergies between our companies, and we are dedicated to helping our customers realize the substantial benefits this change will bring to their businesses. I greatly look forward to maintaining my leadership role and to continue fostering the valued, long-term customer and partner relationships we have developed through the years.

Jazwiec continues, In addition to broader technology offerings, one of the greatest benefits this partnership provides customers is the extensive, collective experience of our people who will join forces to offer even greater levels of expertise and support.

He adds, The integration of RedPrairie and MARC will begin in early February. Our combined customer-focused culture creates an environment of dedicated service, strong work ethic and loyalty that sets it apart in the software applications market. We greatly value the talented people from both MARC and RedPrairie, and we will continue to do all we can to help them continue to thrive in an environment of teamwork and success.

Product & Industry Highlights Include:

Increased functionality across all verticals, leveraging a multitude of standardized Warehouse Management System product enhancements that have been developed for the worlds leading companies
One-of-a-kind Expanded Supply Chain Execution (eSCETM) technology that uniquely provides end-to-end resource optimization, from the start of the manufacturing process, through the entire distribution chain, including the presentation to the consumer
An innovative Business Intelligence analytics engine for all products, which provides customers immediate and interactive information on a real-time basis, enabling companies to better align and measure enterprise performance
Leading Workforce Performance, Transportation and Global Trade Management solutions
Expanded geographic coverage, especially in the burgeoning Asia Pacific region, to provide customers expanded worldwide services and support
Advanced Build-to-Order capabilities for the Automotive industry
Home delivery technology for Grocery and Perishable Goods Retailers  
Strengthened capabilities for Retail, Retail Apparel and Logistics Service Providers
Complementary Duty Management solutions offering superior functionality for the United Kingdom and Europe  
Broad RFID infrastructure and significant experience deploying RFID technology in manufacturing environments across both companies. This combined experience creates the greatest depth of RFID experience and knowledge available in the market
RFID Mobile Resource Management (MRM) solutions to track large, costly corporate assets
A strengthened global customer base of Tier-one and mid-tier customers

Comments Steve Banker, Service Director of Supply Chain Management at ARC Advisory Group, The combination of RedPrairie and MARC provides both companies strategic opportunities to grow and build scale. RedPrairie will leverage the MARC customer base to more deeply penetrate verticals such as Pharma and Apparel. MARC Global customers gain a financially secure parent. The combined company benefits by being able to offer its customer base additional products and the ability to better leverage R&D investments. 

The combined company is expected to generate $172 million in revenue, $39 million EBITDA (earnings before interest, taxes, depreciation and amortization) in 2006, and employ 738 employees across 21 global sites.

INFORMATION: A free brochure, white paper or datasheet is available from Red Prairie on the subject in this story. Click here to request a copy

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