Eden Capital Acquires Tour de Force Inc.
Eden Capital (“Eden”) announced today that it has acquired Tour de Force Inc. (“Tour de Force”), a growing provider of customer relationship management, sales force automation, business intelligence and business process optimization software solutions designed to help business-to-business sales organizations improve processes, from sales to support. Tour de Force will join Eden’s growing sales force automation platform, Compass Sales Solutions (“Compass”). Compass is a leading sales force automation provider for the office technology industry. Eden is a private equity firm focused on investments in sectors including software and business services.
Tour de Force develops, sells, implements, and supports a suite of CRM and BI software solutions. Based in Findlay, OH, Tour de Force was built to offer a single view of customer data and information and deliver the insights businesses need to drive sales and improve customer relationships. While the product was originally designed and developed to address the many complexities of wholesale distribution, it offers an ideal solution for any business-to-business sales organization.
“Eden Capital is an ideal partner for Tour de Force given their experience and investments in vertical software and their commitment to our vision, our mission and our core values,” said Matt Hartman, Founder, President and CEO of Tour de Force. “Through this partnership, I am very excited to be a part of continuing to build the legacy of Tour de Force alongside the teams from Eden and Compass. Together, we will continue to create value for our mutual customers through providing innovative solutions that create more efficient and more effective sales organizations.”
“We are excited to announce the acquisition of Tour de Force in our software platform,” said Dina Said, Managing Director of Eden. “Tour de Force’s leading position in its markets will enable the platform to continue growing both organically and through M&A. We look forward to working with management to capitalize on its success.”
Perkins Coie LLP served as legal advisor to Eden. Elm Park Capital provided debt financing for the transaction.
About Tour de Force
Tour de Force Inc. is a privately-held CRM software company operating in Findlay, OH. The primary product, Tour de Force, is a CRM which primarily began in the wholesale distribution space. The company emerged from the wholesale electrical distribution business through an effort to create a sustainable, competitive advantage and ultimately Tour de Force became a company in its own right in 2001, and has essentially remained focused in the space from which it emerged.
About Compass Sales Solution
Since 2001, Compass Sales Solutions has been the leading sales force automation provider for the office technology industry. Compass Sherpa provides a comprehensive suite that automates all disparate sales processes and allows sales professionals to utilize one tool to completely manage the sales process including prospect/client identification, Outlook integration, product configuration, proposal generation, MPS analysis and mapping, ERP integration, and mobile access via smartphones and tablets. Compass Sherpa will be the tool your team will want to use, not have to use.
About Eden Capital
Eden Capital is a private equity firm focused on technology, business services and education. Eden partners with leading management teams, founders and owners to achieve growth and scale and maximize value for all stakeholders.