Wintac Announces Sale to Davisware
Boston, MA – Intac International, Inc. d/b/a Wintac (“Wintac”), a leading field services management software provider focused on SMB contractors, today announced that the company has completed its sale to Davisware, Inc. (“Davisware”), creating a combination that enables the combined business to address the needs of both SMB and enterprise customers.
Wintac’s business management solution allows field service organizations to run a more organized, efficient and profitable business. Wintac automates every area of a field service business, from creating a work order to collecting a payment in the field. Wintac is built to integrate and operate seamlessly with current business practices. All of Wintac’s products are designed and developed by a dedicated team of world-class engineers. Wintac Pro, Wintac Green, and Wintac Fuel are all full-featured business management programs for the field service industry.
Led by founder and CEO Dan Davis, Davisware provides software and services to medium and large enterprises, and the acquisition of Wintac will allow them to more quickly target the SMB field service providers that historically Davisware has not addressed.
According to Davis, “the acquisition of the Wintac platform and brand will enable Davisware to push many of its larger enterprise features down to SMB customers in a cost-effective manner… [With] Wintac’s stellar reputation and brand name recognition, Davisware will be able to more quickly penetrate the SMB segment than otherwise would be the case in a go-it-alone strategy.”
Leonis Partners, a New York-based investment bank, acted as exclusive financial advisor to Wintac.
Founded in 1988 and based in the greater Boston, MA area, Wintac software is the best-selling field service management software for small to medium sized field service companies. With over 25 years of experience developing and supporting the world’s most widely-used all-in-one business management software for service contractors, Wintac has a proven track record that customers can rely on. As a result, over 70,000 users and 9,000 companies have chosen Wintac to run their business.
Founded in 1988 by Dan and Jennifer Davis and located headquartered in West Dundee, IL, Davisware has been pioneering business management software and field service management software services for three decades. Today, the company’s product lines service enterprise and SMB customers in the HVAC/R, Commercial Food Services, Contracting & Construction, Doors, Fire & Safety, Industrial Equipment, Petrochemicals, and Plumbing industries though its premier product lines, including GlobalEdge (GE), S2K Vision, Global Field Solution (GFS), E2 and Global Warranty (GW).
About Leonis Partners:
Leonis Partners is a boutique investment bank that focuses on advising high-growth middle-market technology companies. Leonis advises growing and profitable businesses that are interested in understanding their strategic M&A and Capital Markets options. Leonis focuses exclusively on providing sector-focused, unconflicted M&A and capital raising advisory services. Leonis is headquartered in New York City with offices across the US.
Has Been Acquired By
Wintac has been acquired by Davisware
Transaction Size: Undisclosed
Date: October 2017