Press Release

Boston, MA - Capstone Partners LLC, a national, middle-market investment banking firm, has released a research report on the enterprise content management (ECM) software market, citing above average growth driven by evolving technology and increased regulation.  Capstone expects the global ECM software market to experience accelerated consolidation activity over the next 12 to 24 months.    

Craig Piccirillo, Capstone’s Head of Research, commented, “The importance of ECM software has grown as the level and complexity of content has increased.  Content management tools are no longer viewed as stand alone applications, but as an integral part of a company’s overall process infrastructure.  The market opportunity has attracted attention from many competitors, including the large infrastructure software vendors.  We expect that secular trends, including increased compliance regulation, improved IT spending, and globalization, will help sustain growth and activity within the market.”

Tim Harned, Managing Director and head of Capstone’s Technology and Media Group, believes that the ECM market will continue to experience robust consolidation, saying, “To date, the market has experienced significant M&A activity, including two large deals in August 2006.  Given the competitive environment, many of the smaller, pure-play companies with limited product scope will be challenged to compete long-term with ECM suite providers that dominate the market.  In addition, the large infrastructure software vendors have begun to increase market share through new product introductions, acquisitions, and strategic partnerships.”

To receive a complimentary copy of the Research Coverage Report on the ECM software market, please contact Craig Piccirillo at 617-619-3333 or at cpiccirillo@capstonellc.com.