A fully integrated ERP software company serving over 6000 contracting and field service firms.
Wakefield, MA – Brook Venture Partners announced today that it has recently closed on the acquisition of Intac International, Inc., a Massachusetts-based company providing fully integrated ERP & Business Automation Software for small to medium field service companies. Terms of the deal were not disclosed.
Intac International is the maker of Wintac, a fully integrated business automation software catered to field service contractors, mechanical contractors and oil delivery companies. The Company has approximately 6,000 customers and over 30,000 users spanning every state and several countries. The software handles features such as CRM, scheduling, dispatching, standard costing, accounting, equipment tracking, inventory management, accounts payable management, automatic billing, certified payroll reporting, and an online web portal for the remote workforce. Brook has announced that Mark Ain, the Chairman and founder of Kronos Incorporated, has joined the Company’s Board of Directors along with CEO Henry White, Intac founder Dan Restivo, and Brook partners Ned Williams and Fred Morris. Dan Williams, Managing Director at Bay Capital Advisors, will be a Board Observer. Board Chair Fred Morris commented: “Dan Restivo and the Intac team have built a very sound foundation over a 20 year period and we look forward to accelerating the Company’s growth in the years ahead.”
“I’ve known the Brook team for some years and am very happy to have this opportunity to not only lead what I think is a terrific company with a great growth opportunity, but to do so with an investment partner whom I trust” commented CEO Henry White.
About Intac International
Intac International (http://www.intacinternational.com/index.html), located in Burlington, MA, is a privately held company founded in 1988. The Company developed Wintac – a robust all-in-one business automation software for field service, installation, and construction companies that handles various features such as scheduling, dispatching, standard costing, accounting, equipment tracking, accounts payable management, automatic billing, CRM and more.
About Brook Venture Partners
Brook Venture Partners provides expansion stage capital through Brook Venture Fund I, Brook Venture Fund II and Brook Partner Funds I, II, and III to Information Technology and Medical Technology companies located in the Northeastern United States. The firm focuses on acquisition investments of $5-$10 million and specializes in both financing and providing the strategic and planning support necessary to effectively manage growth. Brook is headquartered outside Boston in Wakefield, MA. For more information, call 781-295-4000 or visit http://www.brookventure.com/.