FrontRange Solutions
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This article relies on references to primary sources or sources affiliated with the subject, rather than references from independent authors and third-party publications. Please add citations from reliable sources. (October 2007) |
| Type | Privately Held Corporation |
|---|---|
| Industry | Computer software |
| Founded | 2000 |
| Headquarters | Pleasanton, CA |
| Key people | Mike Kohlsdorf, CEO |
| Products | SaaS GoldMine HEAT IT Service Management Infrastructure Management Customer Service Contact Center Sales & Marketing & Relationship Management |
| Revenue |  $135 million USD (2007) |
| Website | www.frontrangesolutions.it |
FrontRange Solutions Inc. is a midrange developer of CRM, Communication management and IT Service Management software with worldwide headquarters in Pleasanton, CA.
[edit] History
FrontRange Solutions was formed in 2000 with the merger of three existing software companies (Bendata, GoldMine Software and Maestro Commerce) owned by the South African software holding company FrontRange Limited.
In 1998, the South African Ixchange first purchased Bendata, maker of the HEAT help desk package, and then acquired GoldMine Software Corp. The idea at the time was to create a merged CRM/Help Desk application to continue the growth of the respective companies. Of other interest, in early 2000, an ecommerce ASP company named Maestro Commerce, was acquired by GoldMine and rolled into the FrontRange Solutions family of companies. With industry wide financial woes after the dot com crash and the 9/11 attacks FrontRange decided to close the Maestro Commerce division and license the intellectual property to BX.COM, a Rhode Island based technology services company who also decided to end its Maestro related offerings.
On November 4, 2005 Francisco Partners announced their intention to acquire all outstanding shares of FrontRange Solutions for nearly US$200 million page text.[1] On December 23, 2005 Francisco Partners completed the acquisition through the purchase of all outstanding shares. On January 9, 2006 all FrontRange shareholders received a distribution of 5.37 rand per share and the following day the company was delisted from the JSE. One main goal of the acquisition was to relocate FrontRange from the JSE to a US based market.
On March 12, 2007 FrontRange Solutions acquired the German based software company enteo for an undisclosed sum.
On April 28, 2008, FrontRange Solutions acquired the UK based software company Centennial Software for an undisclosed sum page text.[1]
