Versailles Group Announces BEZ Systems, Inc. Acquired by Compuware Corporation
BOSTON, Jan. 11, 2011 /PRNewswire/ -- Versailles Group, Ltd. (http://www.versaillesgroup.com) announced today BEZ Systems, Inc. (http://www.BEZ.com) has been acquired by Compuware Corporation's Gomez business (http://www.compuware.com). Terms were not disclosed.
Based in Boston, BEZ Systems is the leading provider of Predictive Performance management solutions for enterprises to profile application performance, change comparison and growth alternatives, and forecast results for productivity and business continuity. BEZ's software solutions service the niche Predictive Analytics market.
Versailles Group, a 24-year-old Boston-based investment bank that specializes in international mergers, acquisitions, and divestitures, advised BEZ System's shareholders on the transaction. Versailles Group works with companies in the U.S., Europe, Canada, Asia, and South America.
"BEZ had a very novel concept which required a unique approach. Versailles Group recognized that this was a distinct software company and, after a worldwide search for the right buyer, found the perfect fit for them with Gomez and Compuware," said Don Grava, Versailles Group founder and president. "The value-add of BEZ's predictive analytics will be well-utilized by the ambitious and forward-thinking vision of Compuware's Gomez business."
"With nearly two and a half decades of experience, Versailles Group is the expert at finding the right buyer for its sell-side clients. We are pleased that we successfully did so for BEZ," added Mr. Grava.
BEZ's shareholders include Ascent Venture Partners, Velocity Partners, and the Massachusetts Technology Development Corporation.
Gomez, Inc. provides on-demand Web application experience management services to measure and manage Web site and Web application performance. Purchased in November of 2009, Gomez, Inc. operates as a subsidiary of Compuware Corp.
Compuware Corporation is a leader in software and Web performance solutions, professional services, and application services. Its products are used in application analysis, testing, defect detection and remediation, fault management, file and data management, data compliance, and application service management.
Versailles Group, Ltd. is a Boston-based investment bank that specializes in international mergers, acquisitions, and divestitures. Since 1987, Versailles Group's skill, flexibility, and experience have enabled it to successfully close transactions in all economic environments. More information on Versailles Group can be found on its website, http://www.versaillesgroup.com.
Contact: Mr. Donald Grava, 617-449-3325
This press release was issued through eReleases(R). For more information, visit eReleases Press Release Distribution at http://www.ereleases.com.
SOURCE Versailles Group, Ltd.
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