HighJump Acquires BelTek Systems Design
HighJump Software announces the acquisition of BelTek Systems Design, a provider of direct store delivery (DSD) software based in Moncton, New Brunswick, Canada. BelTek's software helps companies that perform route-based sales and delivery improve productivity, quality of information, profitability and inventory control. The acquisition of BelTek strengthens HighJump Software's DSD platform for route accounting and mobile sales and delivery. Terms of the transaction were not disclosed.
HighJump Software's DSD customers are primarily focused in the soft drink, beer, wine & spirits, bakery, snack, candy and tobacco industries. With the acquisition of BelTek, HighJump Software strengthens its presence in those markets while expanding to new industries such as packaged ice, linens and uniforms. Additionally, BelTek provides a geographic expansion of HighJump Software's DSD product line to Europe.
This is HighJump Software's first acquisition since unveiling an aggressive new corporate plan as an independent software provider after its divestiture from 3M. HighJump Software's strategy is to establish leadership positions in targeted industries, product categories, and geographies through an expanded product portfolio and worldwide business growth achieved both organically and through acquisition.
HighJump Software's DSD customers are primarily focused in the soft drink, beer, wine & spirits, bakery, snack, candy and tobacco industries. With the acquisition of BelTek, HighJump Software strengthens its presence in those markets while expanding to new industries such as packaged ice, linens and uniforms. Additionally, BelTek provides a geographic expansion of HighJump Software's DSD product line to Europe.
This is HighJump Software's first acquisition since unveiling an aggressive new corporate plan as an independent software provider after its divestiture from 3M. HighJump Software's strategy is to establish leadership positions in targeted industries, product categories, and geographies through an expanded product portfolio and worldwide business growth achieved both organically and through acquisition.