March 01, 2012

Leading JD Edwards maintenance and consulting specialist Spinnaker Support expands footprint in North America

DENVER, March 1, 2012 Spinnaker Support, the leading global provider of third-party maintenance, co-sourcing, and consulting services to the JD Edwards community, recently announced the acquisition of Versytec, a leading JD Edwards support company.

As a result of the acquisition, Spinnaker Support will now provide maintenance services to Versytec’s JD Edwards World clients using the company’s VersyPro Complete or VersyPro Expert service offerings.

“First and foremost, we want to welcome the Versytec customers to the Spinnaker Support customer family,” said Matt Stava, Spinnaker Support Co-Founder and Managing Principal. “Spinnaker Support’s services are strongly suited for Versytec customer’s maintenance and support requirements, and we look forward to helping these enterprises keep their business-critical legacy systems operating at top performance.”

Spinnaker Support’s robust JD Edwards support and consulting business is experiencing strong organic growth, and this acquisition further enhances the company’s position as the leading global provider of third-party JD Edwards maintenance services.

“The addition of Versytec’s assets and customers significantly enhances our position within the JD Edwards third-party support maintenance market,” said Stava. “This acquisition solidifies Spinnaker Support’s presence in the industries we serve across the globe.”

Both providers are highly respected by JD Edwards users, and Spinnaker Support’s reputation for high standards and customer satisfaction helped make the acquisition a sound choice for both companies.

Versytec CEO Steve Striebel said, “When we looked at companies to approach regarding a sale, Spinnaker Support was top of mind.  We wanted to be sure we turned the reins over to a JD Edwards support leader that has a reputable intellectual property policy and approach, and a company that provides sure footing for our many customers.”

“Spinnaker Support not only has the infrastructure to deliver world-class service to our client base, but the company also operates in alignment with our values and philosophy,” said Striebel. “Their great reputation and depth of JD Edwards expertise made Spinnaker Support a clear choice and great future home for our clients.”

About Spinnaker Support

Spinnaker Support, the global market leader for JD Edwards third-party maintenance, co-sourcing and consulting services, helps JD Edwards users maximize their ERP software investments. Whether companies want to extend the life of their software through robust consulting services or cost-effectively maintain their current software environment via personalized, proactive support/maintenance model, Spinnaker Support has a solution to fit their needs.   Their services are delivered globally by the most technically savvy staff in the marketplace. Over 120 clients worldwide have chosen Spinnaker Support as their provider of choice. Spinnaker Support services are available across the globe via offices located in Denver, Singapore and London.