RedPrairie acquires MARC Global

RedPrairie Corp. has signed a definitive agreement to acquire rival warehouse management system (WMS) vendors MARC Global Holdings Inc. The combined companies, operating under the name RedPrairie Corp., will unify and support all products and services from both organizations. Oliver Cooper, former CEO of MARC, will continue to serve in a leadership position within the combined organization, under the direction of RedPrairie company leader John Jazwiec.

The integration of RedPrairie and MARC will begin in early February.

According to Steve Banker, service director of supply chain management at analyst firm ARC Advisory Group, “The combination of RedPrairie and MARC provides both companies strategic opportunities to grow and build scale. RedPrairie will leverage the MARC customer base to more deeply penetrate verticals such as pharmaceuticals and apparel. MARC Global customers gain a financially secure parent. The combined company benefits by being able to offer its customer base additional products and the ability to better leverage R&D investments.”

The combined company is expected to generate $172 million in revenue, $39 million EBITDA (earnings before interest, taxes, depreciation and amortization) in 2006, and employ 738 employees across 21 global sites.

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