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Priority Software Acquires US-based Acclivity, Expanding Small Business Offering.

M2 EQUITYBITES-January 5, 2018-Priority Software Acquires US-based Acclivity, Expanding Small Business Offering


5 January 2018 - Israeli business management solutions provider Priority Software Ltd has acquired New Jersey, US-based software developer Acclivity, the company said.

Terms of the deal were not disclosed.

Best known for their award-winning AccountEdge software, powerful small business accounting for the Mac and Windows desktop, privately-held Acclivity develops and supports a range of small business accounting solutions for the company's 75,000+ customers from various market sectors.

As part of Priority's continued global expansion, the new acquisition of Acclivity follows the company's purchase of Israel-based Monitin Information Systems ERP activity earlier this year and prior, the establishment of Priority Software US in 2016, following the purchase of US-based ERP consulting and services firm, Performa Apps.

Acclivity services small businesses in a variety of industries, with a product suite that includes AccountEdge Basic, AccountEdge Pro, Checkout POS and Rerun, a recurring billing solution.

Founded in 1986, with the mission of making ERP easier, Priority said it offers a more accessible alternative to complex and costly solutions to increase profitability and efficiency.

Priority is offered both as on premise and cloud solutions, both of which deliver 100% system functionality, enabling users to access their data in real-time from mobile devices and tablets.

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Publication:M2 EquityBites (EQB)
Date:Jan 5, 2018
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