- Marilyn Kramer, DxCG
Recent Transaction
Mirus Advises Quelsys on Merger
Contact:
Jameson Grant
Location: Connecticut
Date: May 13, 2004
Boston-Based OutStart Adds Sales Proficiency Management to its Industry-Leading Suite
Boston, MA, May 13, 2004 - Mirus Capital Advisors announced today that the firm has successfully negotiated the merger of Quelsys, Inc. of Norwalk, CT and OutStart, Inc. of Boston, representing the second software transaction for Mirus in May.
About Quelsys
Quelsys is a Norwalk, Connecticut-based company that builds and delivers online enterprise Sales and Service Proficiency Management (SPM) solutions. SPM continuously measures and quantifies competency levels of sales and service channels and ensures that products are properly sold, supported, and serviced. Corporations use SPM to shorten sales cycles, increase revenues, and improve customer satisfaction. Companies using Quelsys include Safeco, Analog Devices, Kohler, Volvo, Cardinal Health, Stanley, Hitachi, and Cummins.
About OutStart
OutStart provides learning and knowledge-sharing software applications to mid-market, government, and Global 2000 organizations. OutStart customers build competitive advantage by making customers, employees, and partners more knowledgeable and better trained through superior content development, management, and delivery. The company's approach is learner-focused and content-centric.
OutStart's award-winning, product family enables people to know exactly what they need to be better at their jobs and to learn when, where, and how they want. Customers like AT&T Wireless, Kaiser Permanente, Steelcase, the US Navy, and Westland Helicopters rely on OutStart to increase individual and organizational performance, improve knowledge transfer, and lower operating costs. Headquartered in Boston, MA, OutStart has offices throughout the US and Europe and can be found on the Web at www.outstart.com
About Mirus Capital Advisors: Based in Boston with clients worldwide, Mirus provides investment banking solutions to middle-market corporations including merger advisory, recapitalizations and valuation services to entrepreneurs, private equity groups and corporate clients. Founded in 1987, Mirus has successfully completed a number of software transactions for both entrepreneurs and professional investors. More information about the firm is available on Mirus' web site at http://www.merger.com
Recent Transactions