With the addition of automotive expertise, Configuration Solutions gains the ability to provide a comprehensive suite of mission-critical software for automotive suppliersKALAMAZOO, Mich.—(BUSINESS WIRE)—Sept. 15, 2005— Configuration Solutions, Inc., a leading provider of enterprise-wide product configuration and selling solutions--from quote to delivery--announces that it recently completed a transaction to acquire Helix Technology Group, LLC, a Rochester, Michigan firm dedicated to the development of engineering change and program/project management software for automotive parts suppliers. Since both companies are privately held, terms of the deal have not been disclosed.
According to Configuration Solutions' President and CEO Dale Colosky, "Combining our expertise and software capabilities with those of Helix Technology Group represents a tremendous synergy, and will provide our respective customers with a single solution source for their quote to delivery processes, including program lifecycle management. Our software functionality is complementary, and our Web-based technology platforms are completely compatible--making this a perfect fit for our customers."
Configuration Solutions plans for growth and global expansion in the automotive market, and Colosky also notes that gaining a location in the heart of Michigan's automotive industry corridor is an additional advantage in serving this market.
Commenting on the acquisition, Richard Hamilton, a 25-year automotive industry veteran with ITT Automotive and a member of Configuration Solutions' Senior Advisory Board, states: "The combined specialized technology companies fill a major gap in the automotive parts sector. Their integrated software solutions will enable suppliers to optimize revenue acquisition and ongoing profitability while accurately meeting the demands of their OEM customers in a timely, efficient and cost-effective manner. As anyone in this industry can tell you, even a one-cent per part error can spell disaster to a company serving the automotive market."
While Configuration Solutions has traditionally been focused on process and product configuration software for complex MTO (make-to-order) industries, Helix Technology Group's solutions focus on the business side of product development management, including account management, engineering change orders, product lifecycle management, project and program management, open issues management, and product forecasting.
The new capabilities will enable Configuration Solutions to expand and strengthen its next-generation solutions for automotive suppliers. The company's flagship software solution - CS-Enterprise - comprises a suite of end-to-end applications that automate information and collaborative workflow processes to help guide the selling process, streamline quote-to-sale infrastructures, drive out operating costs, improve workflow efficiency and eliminate rework of orders, while improving profits.
About Configuration Solutions, Inc.
Configuration Solutions (CS) is a leading provider of knowledge-based process and product configuration software and solutions for manufacturing, automotive and business service organizations. For more than 15 years, the organization has worked with leading organizations-- from Global 2000 to small and midsize companies--providing enterprise-wide solutions across all facets of the business, from front-end sales and order management, to more sophisticated engineering and factory floor operations.
Configuration Solutions' CS-Enterprise software solution suite is designed to maximize efficiency and productivity, minimize errors and hasten information flow across the enterprise and beyond, regardless of product order or process complexity. Built on open architecture, Configuration Solutions' technology offerings are used by make-to-order and engineer-to-order manufacturers, automotive and business service companies with diverse product portfolios to drive out excess operating costs and eliminate rework of orders, while improving profits and agility in serving their markets. For more information about Configuration Solutions' CS-Enterprise solution and services, please visit www.configsc.com.
OUTLOOK Marketing Services Jeff Rappaport, 847-465-8700 x10 Email Contact or Configuration Solutions, Inc. Dale Colosky, 269-329-2500 Email Contact