Cdc software aptean bankruptcy

Coen filed suit against cdc software corporation, aptean, inc. District court for the northern district of georgia. Vista equity explores sale of software firm aptean sources. Aptean provides very specific industries with very specific erp, supply chain management, and customer experience solutions. Filed for bankruptcy protection, rise and fall of the first china concepts stock. Timothy coen filed suit against cdc software corporation, aptean, inc. Prior to that, vista equity partners fund iv completed in april 2012 a buyout of cdc software, which filed for bankruptcy protection. The buyout firm is working with investment bank morgan stanley on a sale process for aptean.

Apr 12, 2012 vista equity partners bought atlantabased cdc software for an undisclosed amount. Enterprise application software providers cdc software corporation and consona corporation, with a total of 1,500 employees and 5,000 customers, merged in august 2012 to form aptean corporation. Jun 11, 2015 aptean, an enterprise software provider backed by vista equity partners, said it acquired software services business vision information logistics from cinram group inc. Cdc software cdc and consona corporation consona, both enterprise application software eas providers of onpremise and cloud technologies, today announced they have merged to form aptean. Our resource center has informational videos, client success stories and more. Exciting news for those of us pulling for a second tier of bloated, privateequityfunded rollups of failed erp software companies consona corporation acquirers of made2manage, intuitive, onyx, etc.

On october 4, 2011, cdc corporation the debtor filed a voluntary petition for relief under chapter 11 of title 11 of the united states code in the united states bankruptcy court for the northern district of georgia the bankruptcy court, case no. Over the past six months, monte ford, the president of aptean has made key executive hires, committed to new product investments, and rationalized overhead. Cdcs successor in interest, and four individuals acting as either a board member or. Vista equity partners completed its purchase of cdc software corp. On august 7th, 2012, cdc software and consona corporation merged to form aptean. These filings and docket sheets should not be considered findings of fact or liability, nor do they necessarily reflect the view of justia. Cdc software corporation cdc software is a global hybrid enterprise software provider of onpremise and cloud deployments. It is a hybrid enterprise software provider of onpremise and cloud deployments with more than. Oct 21, 2019 timothy coen filed suit against cdc software corporation, aptean, inc. Vista equity partners completes acquisition of cdc software. Aptean, a global leader in enterprise application software eas, gives businesses of all sizes a competitive edge. As aptean s chief executive officer, tvn reddy leads the company to provide unrivaled service to more than 4,100 global customers and drive product innovation in the enterprise software market. The buyout firm is working with investment bank morgan stanley ms.

Apr, 2012 vista equity partners completed its purchase of cdc software corp. It is a hybrid enterprise software provider of onpremise and cloud deployments with more than 10,000 customers in 50 countries. Best case bankruptcy software features make case preparation and filing quicker and more accurate with tools and functionality to improve your processes. Aptean has acquired particularly verticallytargeted solutions. Effective ways to maximize your online brand existence.

Vista equity buys cdc software atlanta business chronicle. Leveraging a serviceoriented architecture soa, cdc software offers multiple delivery options for their solutions including onpremise, hosted, cloudbased software as a service saas or blendedhybrid deployment offerings. Aptean among cloud top 500 software vendors apps run the. Deployed in weeks in the cloud, on premise or in a hybrid environment, cdc creates a realtime, eventsbased link between your telephony system, crm, marketing automation platform and other solutions. A sale of aptean would underscore the popularity of companies that help automate administrative operations for companies, just four years after vista equity acquired aptean s predecessor, cdc software inc, out of bankruptcy. The deal would come just four years after the private equity firm bought apteans. Enterprise application software providers cdc software corporation and consona. On or about may 1, 2012, ecm filed a proof of claim in the chapter 11 bankruptcy proceedings the bankruptcy proceeding of cdc corporation the company or debtor currently pending in the u.

Aptean sells software for the financial, manufacturing and supply chain. Cdc software origins go back 20 years to the founding of china internet corp cic in 1994. Footnotes 1 cdc software was purchased by aptean, inc. Mergers continue in the enterprise software space on august 7th, 2012, cdc software and consona corporation merged to form aptean. The interim ceo of aptean, john clough, held that same role at cdc for. Want to learn more about aptean s industryspecific solutions. Cdc software inc company profile and news bloomberg.

Bain, vista equity to combine trio of public safety. Vista equity partners management llc is said to be exploring the sale of u. By this motion, the debtor requests entry of an order, pursuant to section 105a of the bankruptcy code and rule 9006c1 of the federal rules of bankruptcy procedure, shortening applicable notice periods and scheduling a hearing on an expedited basis to consider the settlement motion. Aptean, a global leader in enterprise application software provides enterprise software solutions.

Cdc software and consona corporation merge to form aptean. The trial court dismissed coens action based on both res judicata and failure to. N on a sale process for aptean, the people said this week. Cdc software appeals injunction erp global insights insight and analysis for the software and reseller community. He explained to customer that cdc had financial troubles and ultimately filed bankruptcy, and there were a couple years during which serious investment in pivotal came to a halt. Bankruptcy court for the northern district of georgia the court, alleging various torts against the debtor the ecm proof. Cdc software is a provider of enterprise software applications designed to help organizations deliver a superior customer experience while increasing efficiencies and profitability. Cdcs successor in interest, and four individuals acting as either a board member or general counsel for cdc, for defamation, false light and disclosure of private facts. As a combined organization, atlantabased aptean has more than.

In todays fastpaced, highly competitive economy, organizations dont have time to waste forcing homegrown software, spreadsheets, and onesizefitsall solutions to do things they were never designed to do. Both cdc and consona have grown through acquisition over the years. To find out the last time our software was updated as well as find answers to any other questions you may have, please visit our frequently asked questions faq page. Cdc software, consona merge to form aptean destination crm. Global customer relationship management crm software industry. Commercial credit report for cdc software corporation adr. The complicated litigation involving cdc software and cdc corp, which is its indirect majority shareholder, continued in bankruptcy court this week. Aug 30, 2016 vista equity explores sale of software firm aptean. Vista equity acquired apteans predecessor, cdc software inc, out of bankruptcy. Aptean product suite includes customer relationship management, enterprise resource planning, enterprise feedback management, supply chain management, global trade management, ecommerce, manufacturing execution systems and association management systems. Vista equity explores sale of software firm aptean.

Aptean, inc 4325 alexander dr alpharetta, ga computer. See who you know at aptean, leverage your professional network, and get hired. Cdc software merged with indianapolisbased consona corp. Atlantabased aptean is the successor to cdc software and consona corp. Best case is the most complete software program available. Vistabacked aptean buys vision information logistics wsj. Aptean, an enterprise software provider backed by vista equity partners, said it acquired software services business vision information logistics from cinram group inc. Enterprise application software companies cdc software and consona today announced a merger, and will combine 1,500 employees and 9,000 customers under the name aptean. Cdc software and its board and my client himself had slightly different fiduciary duties from the board of the parent company. Cdc software combines with consona atlanta business. Vista equity explores sale of software firm aptean aurigin. In a world of generic enterprise software, aptean provides targeted erp, supply chain management and compliance solutions that drive for greater results.

Cdc s successor in interest, and four individuals acting as either a board member or general counsel for cdc, for defamation, false light and disclosure of private facts, intentional infliction of emotional distress, and attorney fees. When leading firms around the world want to improve cx, they consistently turn to our team and software. Reddy served as chief operating officer and led the aptean global product, professional services and support teams, and was responsible for the integration of acquisitions into. Vista equity subsequently merged cdc software with consona corp to form aptean. Aptean, a global leader in enterprise business software, provides targeted erp, supply chain management and compliance solutions that deliver results. Cdc software, the customerdriven company, is a global enterprise software provider of onpremise and cloud deployments. On a side note, it was cdc corporation that filed for bankruptcy, not cdc software. Youll get to virtually meet and collaborate with smart people from almost every continent.

Aptean could decide to carry on with its prolific acquisition strategy or pursue a dividend. Aptean strengths, domain expertise, and key differentiators. About cdc software cdc software is the premier provider of turnkey integration solutions for contact center and customer relationship technology. The highly customizable erp solution is designed on a flexible framework that incorporates finance, manufacturing, and distribution functionality in an effort to empower process. Aptean sells software for the financial, manufacturing and other vertical markets integrating customer relationship management crm, customer experience management more. Cdc s product suite more cdc supply chain is a provider of enterprise software applications designed to help organizations deliver a superior customer experience while increasing efficiencies and. Cdcs successor in interest, and four individuals acting as either a board member or general counsel for cdc, for defamation, false light and disclosure of private facts, intentional infliction of emotional distress, and attorney fees. Prior to its merger with cdc software, consona was a portfolio company of private investment firms battery ventures and thoma bravo. At aptean, your coworkers span the globe, from england to india to the czech republic. Enterprise software solutions erp, scm, compliance. Cdcs, a global leader in enterprise application software and related services that provides vertical industryspecific crm, erp, scm, and ecommerce solutions in saas, cloud, and onpremise deployments. Our bankruptcy software is uptodate with all the current forms that the us bankruptcy court will accept.

Vista equity partners completes acquisition of cdc software cdc software will now operate as an independent organization with a new president. Enterprise application software providers cdc software corporation and consona corporation, with a total of 1,500 employees and 5,000 customers, merged in august 2012 to form aptean corporation aptean sells software for the financial, manufacturing and other markets integrating customer relationship management crm, customer experience management cem, enterprise resource. Both cdc and consona acquired and developed a number of erp brands such as ross systems and intuitive through the years. Vista equity partners bought atlantabased cdc software for an undisclosed amount. Aptean focuses on five primary areas of application. In the bankruptcy case of cdc corpo ration, cdc software wished to pursue an alternative reorganization plan, competing with cdc corporations plan, schklar said. Aptean enterprise resource planning software is a product of the aptean corporation, a company formed in 2012 after the merging of cdc software and consona corp. Aug 07, 2012 atlantabased cdc software was a unit of cdc corp. Cdc software appeals injunction erp global insights. The defendants then dismissed many, but not all, of the defenses and claims about which coen complained. Aug 30, 2016 private equity firm vista equity partners management llc is exploring a sale of aptean inc, hoping a deal will value the u.

Aptean among cloud top 500 software vendors apps run the world. The company offers customer relationship management, enterprise feedback management, enterprise resource planning. Cincompass bankruptcy software has all the tools and functionality you need to prepare, file and deliver topnotch service to your clients. It offers a suite of enterprise resource planning erp, customer relationship management crm, supply chain management scm, manufacturing operations management mom, human resources hr, analytics, notforprofit nfp management, ecommerce and other software. Cdc software telephonycrm integration done right cdc. Cincompass easytouse bankruptcy software for lawyers. Aptean, inc in milwaukee aptean, inc 8989 n deerwood dr. It offers a suite of enterprise resource planning erp, customer relationship management crm, supply chain management scm, manufacturing operations management mom, human resources hr, analytics, notforprofit nfp management, ecommerce and other software as a. The deal would come just four years after the private equity firm bought aptean s predecessor, cdc software inc. During his presentation in las vegas, keenan thanked apteans pivotal customers for sticking it out during what he referred to as a turbulent time for pivotal. Cdc software and consona corporation merge to form a comprehensive enterprise application software company atlanta, august 7, 2012 cdc software cdc and consona corporation consona, both enterprise application software eas providers of onpremise and cloud technologies, today announced they have merged to form aptean. Cdc software combines with consona atlanta business chronicle.