ASG Pronounces Acquisition of Transcendent, Trade Main Operations Administration Software program

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OLDSMAR, Fla. & WALNUT CREEK, Calif.–(BUSINESS WIRE)–Right this moment, ASG, a fast-growing software program enterprise that buys, builds, and operates vertical SaaS corporations, introduced the acquisition of Transcendent, an operations administration software program enterprise that helps corporations observe property, enhance workflow, and improve return on funding.

This deal marks the 14th acquisition made by ASG over the previous 18 months.

“The enterprise operations administration area has traditionally been outlined by massive software program suppliers serving asset heavy industries resembling manufacturing,” stated Jake Brodsky, Co-Founder and Head of Company Growth at ASG. “We’re seeing an rising demand for agile software program that may serve quite a lot of industries. Transcendent is a robust enterprise, completely positioned to serve industries that require a novel software program to handle their asset operations. We’re excited to discover this new area for ASG and speed up the expansion of Transcendent with our deep expertise in vertical SaaS.”

Transcendent will welcome a brand new CEO, Steven Moore. “We’re thrilled to welcome Transcendent to ASG. Over the previous 20+ years, Lind, Jerimi, and the whole Transcendent crew have constructed an unimaginable firm with a confirmed observe document of buyer prioritization, innovation, and development,” stated Moore. “On this subsequent stage of Transcendent’s story, we’ll leverage the world class assets at ASG to spend money on Transcendent’s product, crew, and infrastructure to proceed delivering distinctive buyer experiences.”

Lind Hutton, earlier CEO, will stay energetic within the enterprise till his retirement later this 12 months. “After an in depth search for an organization that may proceed constructing on Transcendent’s years of success, we’re very excited to affix ASG,” stated Hutton. “We now have the additional advantage of studying from 20+ vertical SaaS companies throughout ASG.”

Jerimi Ford will proceed to steer Transcendent as CTO. “I sit up for this subsequent chapter of Transcendent’s development,” stated Ford. “Working intently with the world class expertise at ASG will amplify our trade main software program.”

Headquartered in Oldsmar, Fl., Transcendent (initially Mintek) was based in 1987 by Jim Hutton to offer cellular hardware, barcode printing options and customized software program. In 1998, Jerimi Ford started working with Transcendent to enhance the corporate’s software program providing. In 2007, Jim’s son, Lind Hutton, took over as CEO and Ford turned CTO. As their clients adopted cellular options, Transcendent pushed the envelope of innovation, shifting away from hardware to software program, making a full SaaS answer. Right this moment, Transcendent serves clients throughout quite a lot of industries together with hospitality, telecom, authorities and others.

About Transcendent

Transcendent® is an operations administration software program firm offering asset administration options to the telecommunications, lodging, and public sector industries. The Transcendent platform provides companies the chance to trace, monitor, and consider their property by iOS and Android gadgets. Throughout their buyer base, Transcendent offers visibility to 300M+ property, helps 300M transactions monthly, stock at over 220Okay websites, entry for 200Okay+ named customers, cloud-based internet hosting companies for all Transcendent clients, and is in 80+ international locations and speaks 20 completely different languages.

About ASG

ASG is a novel and fast-growing software program enterprise that buys, builds, and operates market-leading vertical SaaS corporations. ASG believes deeply within the energy of individuals and knowledge to develop nice organizations, and that sharing data, experience, and assets throughout its neighborhood of companies drives exponential development. Founders of main SaaS corporations proceed to belief ASG to develop their companies and construct even stronger legacies for the long run. To study extra, go to www.alpinesg.com

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