‘Isera Group, LLC sells its commercial sector business to ZOLL Medical’
Isera Group, LLC a Mankwitz Kurtz Investments (“MKI”) portfolio company announce the closing of the sale of its intellectual property relating to its commercial sector software solutions to ZOLL Medical Corporation. Santa Barbara, CA based Isera Group is a leading provider of software for complex scheduling and resource optimization, serving the military, government, emergency services and commercial sectors.
Software Equity Group, LLC advised Isera group in this transaction, following its engagement by MKI in January to assess strategic alternatives for Isera to release shareholder value.
Over the last four years under MKI’s ownership, Isera doubled its revenues, enhanced its state of the art software products and greatly expanded its customer list to include several branches of the US Military, foreign militaries, municipalities, many of the world’s leading defense contractors as well as several emergency medical service companies and other global corporations.
About Isera Group, LLC:
Isera Group, LLC, headquartered in Santa Barbara, California develops and commercializes sophisticated software to perform complex scheduling and resource management and optimization functions for the domestic and international military, government, emergency services and commercial sectors. The Company’s software provides customers with an integrated solution that is a robust alternative to manual scheduling and resource management, the software incorporates complex optimization technology that allows users to optimize the allocation of personnel, equipment, instructors and all other resources to maximize operational efficiencies.
About Mankwitz Kurtz Investments, LLC:
Mankwitz Kurtz Investments is a private equity firm that acquires controlling interests in middle market companies and enhances their value. MKI seeks situations where its years of management and financial expertise would be utilized in the strategic direction and business decisions of the company. MKI has an extensive history of private equity successes and the resources available to capitalize on future opportunities.
About ZOLL Medical Corporation (NASD: ZOLL):
ZOLL Medical Corporation engages in designing, manufacturing, and marketing noninvasive resuscitation devices and related software solutions in the United States and internationally. The company also offers software that automates the documentation and management of both clinical and nonclinical information.
About Software Equity Group, LLC:
Software Equity Group is the nation’s premier merger and acquisitions advisory serving privately held software companies, e-businesses and IT service providers. Founded in 1992, Software Equity Group has advised and guided more than 400 software companies in the United States, Europe, Pacific-Asia and Israel.
MKI Press Releases
