ArkMalibu Advises Print Audit in its Sale to ECi Software Solutions

ArkMalibu is pleased to announce the sale of Print Audit to ECi Software Solutions.

 

Print Audit, one of the most comprehensive providers of device and print management solutions worldwide was acquired on November 30, 2018, by ECi Software Solutions, a leader in cloud-based business management solutions.

Print Audit’s product suite includes tools for managed print services (MPS), device data collection and document management for both dealers and users. Print Audit will become part of ECi’s Field Service Division, and the team will report to ECi’s Field Service President, Laryssa Alexander. 

Founded in 1999 and headquartered in Calgary, Canada, Print Audit not only helps dealers remotely manage their printer fleets but has also developed a variety of tools that enable organizations to monitor and control user printing behavior. Print Audit is the first provider of remote monitoring and management services (RMM) to provide a seat-based billing (SBB) model for managed print. With this acquisition, ECi adds strong print rule and document management capabilities to its own software offerings, creating one of the most comprehensive suites of services for the office equipment industry.

“ECi is committed to offering world-class software solutions for our office equipment and managed print services customers, and we’re always looking for opportunities to improve those offerings,” said Ron Books, CEO of ECi. “Print Audit is the perfect addition to our suite, giving us the opportunity to add valuable capabilities to our offerings for the benefit of our customers.”

“Office equipment dealers are facing a changing landscape, and they need new tools and business models to help them adapt to the current landscape,” said John MacInnes, CEO, and founder of Print Audit. “Combining forces with ECi will give our products the reach and our customers the increased resources they need to reach their full potential for success.”

 

The terms of the deal were not disclosed.

Based in Cincinnati, Ohio, ArkMalibu is an investment banking boutique serving privately-held businesses. Founded in 1990 by Peter Kubasek, the firm has established a strong reputation as a creative and trusted M&A advisor with an ability to deliver value well above market expectations for mergers and acquisitions. In 2016, Rene Robichaud formalized a partnership with Peter Kubasek to establish ArkMalibu. The ‘Ark’ in ArkMalibu represents ‘the Associates of Robichaud and Kubasek’. The firm continues to add talent to its team and to focus on leading sell-side transactions while providing advisory services for clients. It is one of the only investment banks to win the Torch Award from the Better Business Bureau (2006) and was the 2010 and 2018 recipient of the Association of Corporate Growth’s (ACG) Deal Maker of the Year.

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