ECS Group Press Release | 18 October 2005
Estates Computer Systems acquisition of Fraser Williams creates major global supplier.
The ECS Group announced today that it has completed the acquisition of 100% of the shares of Fraser Williams Commercial Systems including their North American subsidiary, Fraser Williams Americas from LDC and former management. Livingstone Guarantee advised the vendors.
ECS and Fraser Williams have both realised great corporate successes over the past 25 years and have contributed significantly to establishing the property software industry. The combining of the two companies creates one of the most significant suppliers of property systems and related services in the world.
The combination of ECS and Fraser Williams brings together the industry’s most comprehensive portfolio of applications, technologies and expertise which will enable customers to deploy innovative property and portfolio management solutions effectively. The combined organisation will have the technical resources and intellectual property required to develop new and innovative solutions that deliver enhanced value to customers. With leading edge technology, a premier partner network and an organisation dedicated to quality, the company will be able to compete more effectively in new and expanding markets and provide outstanding value for its customers, partners, and employees.
“We feel that ECS and Fraser Williams are a logical fit, both in terms of products and customers. We can offer best of breed, end to end solutions for every kind of property investor, property manager or estate department executive” commented John Cuppello, Managing Director of ECS and Fraser Williams Commercial Systems.
About ECS – The ECS Group includes Estate Computer Systems (ECS), Landmaster and FDS Advanced Systems. ECS is the sole supplier of the QUBE and Landmaster property management systems. It has been developing solutions for the property industry for over 25 years and has almost 400 customer organisations. FDS Advanced Systems Ltd are best known for the advanced facilities management software Planet FM. It offers a range of CAFM solutions that encompass asset management, space planning, planned maintenance, help desk, resource booking, contract management and condition surveys.
About Fraser Williams CS – FWCS is a supplier of software packages and services to a number of chosen vertical markets. These are primarily property, consumer response and property mall owners. Their range of products includes Horizon, CRS and Daily Sales Advantage. Their specialist service areas include Oracle, Business Objects, JAVA and Application Service Provision. They provide worldwide support to a wide range of blue-chip organisations.