Mobile Company: Indus And MDSI Become Ventyx
Vista Equity Partners, a $1B private equity investment firm based in San Francisco, CA, recently announced the rebranding of its recently combined Indus /MDSI portfolio company as Ventyx, effective April 2, 2007.
The new brand is designed to signify the company's position as a leading Service Delivery Management (SDM) solution provider. Ventyx unites the provider of best-of-breed customer, asset and field service management solutions with the dominant player in enterprise workforce management, resulting in the most comprehensive and robust suite of Service Delivery Management solutions available recently.
"The consolidated offerings of Indus and MDSI provide a synergy enabling a whole new level of Service Delivery Management capabilities," said Greg Dukat, president and CEO of Ventyx. "The new name represents the 'Value and Vision' we continue to put into our comprehensive offerings and the 'eXecution, eXcellence and eXpertise' we bring to the table to help drive value for our clients. We're pairing the name with the tagline, 'A New View of Service Delivery,' to emphasize our unique offerings and their impact on the market."
Ventyx Chief Operating Officer Vince Burkett added, "The Ventyx name represents the unique combination of innovation and experience our company provides to deliver proven, transformational results for our clients. We have numerous clients which have documented significant increases in productivity and lower costs through improving asset performance and streamlining the supply chain. Our solutions are helping them ensure customer satisfaction and loyalty, enhance workforce efficiency and maximize overall financial performance."
Ventyx corporate headquarters are in Atlanta, GA, with satellite offices in the United States, Canada, Europe and Asia-Pacific.
New EVP and CTO
Ventyx also announced the appointment of Steve Carpenter as Executive Vice President and Chief Technology Officer. Carpenter has more than 12 years in software development and business management in the software industry. He comes to Ventyx from Infor, where he was the VP of Development for ERP(LN). Prior to that position, he served in various development and management roles at Baan and subsequently at SSA Global after its acquisition of Baan, as well as at Aurum Software and Antalys Inc. He graduated from the University of Wisconsin with a B.S. in Computer Science.
About Ventyx
Ventyx is the leading provider of proven Service Delivery Management solutions which enable utility, communications and other commercial field service organizations to optimize the management of their customers, workforce, spare parts inventory, equipment, tools and documentation -- empowering organizations to maximize efficiencies in their customer relationships, facilities, workforce and field service operations. With offices in North America, Europe, the Middle East and Asia-Pacific, the company has more than 400 clients in select asset-intensive service-based industries. For more information, visit our Website at www.ventyx.com.
About Vista Equity Partners
Vista Equity Partners currently invests $1 billion in capital committed to dynamic, successful technology-based organizations led by world-class management teams with long-term perspective. Vista is a value-added investor, contributing professional expertise and multi-level support toward companies realizing their full potential. Vista's investment approach is anchored by a sizable long-term capital base, experience in structuring technol-riented transactions, and proven management techniques that yield flexibility and opportunity in private equity investing. For more information, visit www.vistaequitypartners.com. Ventyx is a trademark of Vista Equity Partners. Other company and product names may be trademarks of the respective companies with which they are associated.
CONTACT:
Indus International, Inc.
Gary Frazier, 770.989.4188
gary.frazier@indus.com
SOURCE: Vista Equity Partners and Ventyx