Exact extends Cloud capabilities with the acquisition of Parentix

• Parentix: a leading provider of Cloud services in NL, becomes a subsidiary of Exact
• Exact Globe and Exact Synergy products to be further optimized for Cloud infrastructure
• Customers now have even greater deployment flexibility for Exact Globe and Exact Synergy to match their business needs

Delft (NL), July 3, 2018 - Exact today announced the acquisition of Parentix, a leading provider of cloud services in the Netherlands. Both companies have a long-standing partnership, working together to provide cloud services and expertise to customers opting for a cloud deployment of Exact Globe and Synergy and additional add-on business applications.

Freedom of choice

Exact now offers customers a comprehensive choice of deployment options for Exact Globe & Synergy product families. Customers can choose to run their Exact software in their own Cloud, using the recently announced Amazon Web Services (AWS) edition, deploy on the Exact Cloud, that is available following the Parentix acquisition, or they can choose to run the software on their own “on-premise” IT equipment.

Phill Robinson, CEO Exact, comments: “We are investing heavily in cloud technologies, and are delighted to announce our acquisition of Parentix, which further extends that commitment for our Exact Globe and Synergy product lines. At the same time, many of our customers continue to enjoy using our solutions running on their own infrastructure, which is why we are committed to offering choice; the best of both worlds - cloud or on-premise. We make it easier to select the right deployment method in combination with the best possible level of service and support directly from Exact. Combining the technological knowhow and capabilities of Exact and Parentix, two leaders in the Dutch market, is great news for our customers.”

Additional cloud business applications

Offering this freedom of choice allows Exact’s customers to select the best fit for their business, security and performance needs. The acquisition of Parentix also allows Exact customers to benefit from access to additional cloud business applications such as workplace management, Office365 and Skype for Business.

Robinson adds: “In total Exact now serves over 400,000 businesses throughout the Netherlands. By adding the market leading cloud infrastructure and expertise of Parentix to our portfolio we better support our customers who wish to deploy Exact Globe and Synergy in the Cloud, while delivering this in a secure and high-performance environment. We already have a long track record of doing this for small businesses and accountants where we are the clear market leader in cloud with our Exact Online product suite.”

Parentix and the Exact Group

Parentix will be managed as a subsidiary within the Exact group, headed by Pieter Gabes, the current general manager of Parentix. The company’s current commercial offerings will continue to be marketed and sold while the combined technical and operational teams collaborate more closely on cloud innovation, hosting efficiency, performance and the introduction of new services.

General Manager Pieter Gabes says: “Based on the long existing relationship we have with Exact, this acquisition is a logical next step in our extensive cooperation. Moreover, the addition of the Parentix portfolio to Exact's products and services offers a great opportunity for both parties. Knowledge and skills in the field of cloud and business software are combined, resulting in the best possible offering for our customers and partners in the cloud. I am proud to take this next step together with our employees and to be part of the Exact Group."