Press Release
Capstone Initiates Coverage on Business Process Management Software
March 15 , 2006
Boston, MA - Capstone Partners LLC, a national, middle-market investment banking firm, has released a research report on the Business Process Management (BPM) Software market, citing exceptional growth driven by evolving technology and increased regulation. In addition, Capstone expects the global BPM software market to experience increased consolidation activity over the next 18 to 36 months.
Craig Piccirillo, Capstone’s Head of Research, commented, “The smaller pure-play BPM software providers have experienced significant growth over the last several years. The market opportunity presented by BPM has attracted the attention of many companies, including the large enterprise software vendors. We expect that the secular trends of increased compliance regulation, improved IT spending, and globalization will prove to be compelling reasons behind sustained growth and activity within BPM.”
Tim Harned, Managing Director and head of Capstone’s Technology and Media Group, believes that the BPM market is ripe for consolidation, saying, “To date, the market has experienced rather limited M&A activity. Given the size of most BPM technology companies, many do not have the scale to compete long-term with the large software conglomerates that have begun to focus aggressively on BPM. The BEA Systems /Fuego deal is indicative of the type of transactions that we expect to see in this space over the next two years.”
To receive a complimentary copy of the Research Coverage Report on the Business Process Management Software market, please contact Craig Piccirillo at 617-619-3333 or at cpiccirillo@capstonellc.com