ASI DATAMYTE today announced the sale of its QDA software platform and related operations to Alpina Partners (ALPINA), a private equity group located in London, UK and Munich, Germany. As a part of this transaction ASI DATAMYTE will transfer substantially all of the QDA related customer contracts, assets, vendor contracts and its related operations. The two companies will continue a deep bi-directional partnership to resell, support and service each other's products worldwide.
ASI DATAMYTE will continue to support its global customers with data collectors, torque solutions, dimensional gages, quality management software as well as support and services for QDA. In addition, they are innovating a new line of products and service offerings.
"This transaction will allow both organizations to focus on their core businesses while also providing capital, resources and investment which will accelerate and deepen its position as the global standard for enterprise quality management," said ASI DATAMYTE Chairman Joel Ronning.
ALPINA's new company, QDA Solutions, will provide "Industrie 4.0" platform software integration with Enterprise Resource Planning (ERP), Computer-aided Quality (CAQ), Manufacturing Execution Systems (MES) and Product Lifecycle Management (PLM) systems.
"This new strategic direction positions both of our organizations to offer leading-edge manufacturing solutions to advance the quality goals and efficiencies of our customers worldwide," said ASI DATAMYTE president Rick Bump.
Raymond James acted as corporate finance advisor to ASI DATAMYTE with Winthrop & Weinstine providing legal advice.