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Volaris Group acquires Tribute Inc.

By Mary Gannon | January 10, 2020

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Volaris Group, Toronto, today announced the acquisition of Tribute Inc.

Tribute INc logoBased in Hudson, Ohio, Tribute Software provides integrated ERP software solutions to help industrial distributors serve their customers better, streamline their operations, lower costs, and enhance margins through better cost control. Tribute systems power millions of dollars in transactions every month and supply thousands of users with critical information day and night.

Tribute has a deep understanding of the unique business needs of industrial distributors. The company serves hundreds of customers throughout North America providing specialized solutions for fluid power and motion control, industrial hoses, fluid handling, and more.

Tim Reynolds, CEO, Tribute Inc., commented: “Becoming part of the Volaris Group and Constellation Software has tremendous benefits for our employees and customers. We’re now part of a large, stable and successful company that bases its business on improving and growing software firms like Tribute. This gives us access to financial, technology and operational resources to apply to our business and improve our products and services. Internally, it gives our employees significantly expanded development opportunities and a much wider field of play that can greatly accelerate their careers.”

In keeping with Volaris’ philosophy of acquire, strengthen and grow, Tribute maintains its brand and independence with support, coaching and best practices from Volaris. Tim Reynolds continues to lead the business as CEO. Tribute joins AssetWorks and Smartrak in Volaris’ Asset Management vertical.

Tribute Inc.
www.tribute.com


Filed Under: News
Tagged With: tribute
 

About The Author

Mary Gannon

Mary Gannon is editor of Fluid Power World. She has been a technical writer and editor for more than 13 years, having covered fluid power, motion control and interconnect technologies.

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