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Springbrook Software Expands Product Offerings and Global Footprint with Acquisition of Public Sector Solution Provider MAGIQ Software

Springbrook Software, a leading cloud-based ERP platform for local government agencies, has acquired New Zealand based MAGIQ Software.  Springbrook and MAGIQ Software will now collectively serve nearly 1700+ villages, towns, municipalities, fire districts, public health boards and cities in seven countries around the globe, with the bulk of customers located in North America.

MAGIQ Software provides an integrated cloud based public sector platform based around a suite of finance modules, including accounting, banking, b******, procurement, payroll, human resources, reporting and analytics, budgeting and planning, property and regulatory management and document management, service requests and civic engagement. These modules are supported by mobile applications to serve the needs of a remote workforce.

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Springbrook has been providing a full suite of secure, cloud-based solutions including finance, payroll, utility b******, human resources, and online payments to local government agencies for over 30 years. Springbrook’s Cirrus is a new cloud platform with a full complement of state-of-the-art features, including Tableau, the world’s most highly rated reporting and analytics software.

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“Both Springbrook and MAGIQ Software put customer service and product innovation first. This acquisition represents the execution of our strategy to deliver the most comprehensive suite of fully integrated cloud-based solutions for local government agencies. The MAGIQ Cloud platform complements our own new Cirrus financial cloud platform with new advanced capital budgeting/planning/reporting and document management capabilities,” says Robert Bonavito, CEO of Springbrook Software.

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[To share your insights with us, please write to sghosh@martechseries.com]

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