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CRP in the News
February 2008

 


SoftBrands Wins Award as Top Revenue-Generating Partner for SAP Business One


MINNEAPOLIS, Feb. 6 /PRNewswire-FirstCall/ -- SoftBrands, Inc., a global supplier of enterprise application software and ISV partner of SAP, won the Solution Partner Sales Excellence Award for Revenue at SAP's 2008 Field Kick Off Meeting for its business partners. SoftBrands was also named as a member of SAP's "Top 10 Club," honoring the past year's leading resellers for SAP Business One.

The Solution Partner Sales Excellence Award for Revenue honors the SAP partner that generated the most revenues for SAP Business One in the Americas. The Top 10 Club is reserved for leading SAP Business One resellers, recognizing partners with the highest sales and custom additions for the year, with consideration given to customer satisfaction, evangelism and the overall business relationship.

"My colleagues at SoftBrands have gone the extra mile to make our customers happy, and that naturally leads to a strong position within the SAP partner community," said Rich Dettinger, director of channel sales for SoftBrands, who accepted the awards during SAP's KFOM event, an annual gathering of SAP's field employees and partners. "When we receive a vote of confidence like this from SAP, it means a lot to us and it drives us to stay focused on this successful path."

SoftBrands caters to the needs of independent manufacturers and subsidiaries of large organizations that want to standardize on SAP-centric solutions. The FourthShift Edition for SAP Business One combines strong manufacturing ERP functionality with the strength and security of SAP's software. FourthShift Edition provides small and midsize companies with an affordable, easy to use system to address the needs of manufacturers in the consumer packaged goods, chemicals, life sciences, metal fabrication, automotive and electronics industries.

 

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CRP Celebrates 20 Years

Capital Resource Partners celebrated its 20th anniversary in late February; having organized its first fund, CRL I, a $92 million fund, in February of 1988. Founding Partner, Robert Ammerman, recently commented "CRP has now been an investor through three market cycles, almost exactly 10 years apart, and what makes me proudest about our organization is its commitment to being an active investor regardless of the overall market and the views of others - we have completed many transactions across five funds and have found excellent investment opportunities in many different market environments."

CRP's focus today remains unchanged - to provide growth and recapitalization financing in the form of subordinated debt and preferred stock to permit companies to grow through acquisition or internal expansion. In addition, we have helped and anticipate continuing to help companies respond successfully to pressure from their existing financing sources who may be reacting to macro financial market conditions to the detriment of the individual company. Our experience is that the current market turmoil will cause senior lenders, CLO's and hedge funds to renegotiate or exit certain credits regardless of the company's success. CRP is here to help with a take-out financing.

Please email or call Jeff Potter (jpotter@crp.com or 617-478-9611), Nick Scola (nscola@crp.com or 617-478-9621) or Andy Silverman (asilverman@crp.com or 617-478-9620) to discuss how we can help your business continue to grow and prosper.

We would also like to thank the CEOs and other investors who have helped us along the way and a special thanks to the limited partners who have paid us the ultimate compliment by entrusting their money with us.

 

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