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Archive for August 30th, 2012

Marathon Data Systems, Provider of PestPac and Other Field Service Software Solutions was Acquired by Chicago Growth Partners

Thursday, August 30th, 2012

WALL TOWNSHIP, N.J., Aug. 30, 2012 /PRNewswire-iReach/ — Marathon Data Systems (”Marathon”), a leading provider of comprehensive turnkey Software-as-a-Service (SaaS) software solutions used by field service businesses, such as pest control and HVAC repair service providers, to manage a wide variety of critical business processes, announced today that the company was acquired by Chicago Growth Partners (”CGP”), a leading growth equity investor. As part of this transaction, Marathon’s current financial sponsor, Concentric Equity Partners (”CEP”) will exit their investment in the company. The company plans to significantly increase investments in product development, support, and marketing, and to pursue additional acquisitions that will further accelerate the organization’s rapid expansion plans. (more…)

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