Made2Manage Systems 'One Year After': Reenergized and Growing
Part One: Event Summary
P.J. Jakovljevic - February 22, 2005

Event Summary

Over the past year or so, we have had a fair share of mixed feelings about the change of ownership at Made2Manage Systems Inc., a former public provider of broad enterprise business systems for small and mid-size discrete manufacturers. Namely, going private originally seemed as a promising move for the small innovative but hardly known globally enterprise software provider in its bid for securing the future amid still ongoing takeover and makeover feats in the market. To refresh our memory, what looked like an honorable exit strategy from the public eye happened in early June 2003, when Made2Manage announced it would be acquired by Battery Ventures, one of the leading venture capital firms focused on technology investments, which manages nearly $2 billion (USD) in committed capital and has a twenty-year history in successfully making investments in software companies...