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The Open Approach forms ECM venture with Svoboda Capital Partners

Thursday, June 03, 2010

Press release from the issuing company

Westmont, IL - Investment banking firm The Open Approach has partnered with Svoboda Capital Partners on a new business platform in the Enterprise Content Management (ECM) arena. The venture culminates an effort to assemble best-of-breed ECM providers to create a single-source enterprise to respond to the growing needs of the global business community. Proven in their respective areas, the firms bring the business-building strategy, market expertise, and capital to create the premier platform in this space.

"ECM is one of the most exciting, high-potential fields in the business community,"  said Ron Seavey, Managing Partner of The Open Approach. "Its benefits reach well beyond today's business climate. ECM is a business proposition that has tremendous value for every business-now and in the future. Despite size, budget, personnel, customer dynamics, and other issues, every company will at some point realize the driving force for outsourced ECM."

"The timing for building the leading, single-source ECM provider is ideal," added Rick Harpster, Principal, Svoboda Capital Partners. "We believe in The Open Approach's model and that it will provide tremendous opportunity for chosen companies."

The partnership seeks ECM candidates bringing an established customer base, proprietary offerings, technological advantages, vertical market expertise, or other niche position to the venture. Companies will be selected on their overall potential and management strengths. Any interested party should contact The Open Approach. All inquiries and communications are entirely confidential.

Leading practitioners in the development and buildout of innovative business models, both The Open Approach and Svoboda Capital Partners have achieved notable success in recent ventures. The Open Approach has been named the exclusive M&A partner of Printing Industries of America. It is also well-recognized by AIIM, the leading association for document management and ECM. Svoboda Capital Partners lays claim to equal success, with several profitable investments in its business services portfolio.




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