DataSync Corporation today announced that it has acquired the SugarCRM business of Facet Data Solutions, a Denver based SugarCRM implementation partner. Eric Grapengeter, Facet Data’s owner and President, has been appointed as Vice President-Sales for DataSync. The acquisition includes all of Facet Data’s SugarCRM customers and related software development projects.
DataSync is a rapidly growing software advisory and engineering firm located in Sioux Falls, SD. The company provides advisory services to organizations interested in using software to automate marketing, customer management and back offices systems into one seamless platform. It has been named as one of SugarCRM’s top Elite Partners for the past two years. In 2015 it was recognized as the fastest growing SugarCRM Elite Partner in North America.
DataSync pioneered the use of Customer Lifecycle Solution analysis in the design and implementation of integrated business software systems. This approach allows the company to systematically review and evaluate customer processes from lead generation to sales management to order processing, customer contracting and fulfillment activities and identify ways to improve software systems to increase profitability through revenue increases and operating efficiencies. The company then assists its customers in the development and implementation of these improvements.
Craig Anderson, DataSync’s Chairman, stated, “The national footprint of our growing software engineering and advisory services operations means that we need to diversify our physical locations and increase our technical resources in order to provide more responsive service to our customers. Facet Data is perfect fit for our organization and our expansion strategy. Adding Eric to our senior management staff is an added plus. He brings substantial experience in the design and implementation of integrated front office solutions to our team.”
“I am thrilled to be joining the DataSync team as Vice President of Sales,” stated Eric Grapengeter, Facet Data’s owner and President. “To join a leading software firm like DataSync is a major win for the existing Facet Data customers and for businesses throughout the Denver region.”
“The Facet Data combination is merely the first step in our expansion plan to use strategic business combinations to grow our customer base and add experienced technical personnel,” added Anderson. “We anticipate that other like-minded organizations will join us as we continue to expand into the enterprise services markets throughout the United States.”
With over 10 years of business software experience, DataSync has rapidly grown to be a leading software advisor to companies across the country. Privately held by over 65 shareholders, the company provides software advice, design, and implementation services to customers located around the world. The company is headquartered in Sioux Falls, South Dakota, a metro area with a population of approximately 250,000 in southeastern South Dakota highly rated as one of the best places in the United States to live and grow a business. For more information visit the company’s website at http://www.datasyncsolutions.com
ABOUT FACET DATA SOLUTIONS
Facet Data was organized in 2004 and specializes in the design and implementation of Customer Relationship Management (CRM) solutions for customers located in the greater Denver region. More information about Facet is available on its website at http://www.facetdata.com/
FORWARD LOOKING STATEMENTS
Some of the statements in this press release may include statements about DataSync’s future plans and expectations. Statements that are not historical facts are "forward-looking statements" for the purpose of the safe harbor provided by Section 21E of the Exchange Act and Section 27A of the Securities Act. Such statements include projections of financial and operational results and goals, including revenue, EBITDA, profitability, savings and cash, as well as statements about future product and service offerings, service quality, development plans, and employee opportunities. These forward-looking statements are subject to known as well as unknown risks and uncertainties that may cause actual results to differ materially from our expectations. Our expectations are based on various factors and assumptions and reflect only our predictions. Factors that could cause actual results to differ materially from forward-looking statements include technological, regulatory, public policy or other developments in our industry, availability and adequacy of capital resources, current and future economic conditions, the existence of strategic alliances, our ability to generate cash, our ability to implement process and network improvements, our ability to attract and retain customers, our ability to migrate traffic to appropriate platforms and changes in the competitive climate in which we operate. DataSync undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, changed circumstances or any other reason.