KANSAS CITY, MO. (May 22, 2013) – GT Analytix announced today the acquisition of TRAQ-IT, LLC, a leading provider of exhibit and event management software. The 15- year-old company is based in Lee’s Summit, Mo. The terms were undisclosed.
“The TRAQ-IT name is a hallmark in the industry and will remain as our signature brand,” says Rasool Ahmed, President. “We believe this acquisition will help us continue to grow as a diverse developer and provider of analytical management software and bring us closer to our corporate mission of offering innovative software solutions to help companies better manage their bottom line financial results.”
”The acquisition will also provide TRAQ-IT customers with GT Analytix’s experienced technical and sales support staff. “The purchase of TRAQ-IT gives GT Analytix a more competitive edge because it allows us to offer a greater range of services, such as a browser based solution,” Ahmed adds.
GT Analytix is a premier provider of analytical management software to the property and casualty insurance industry. The company, built on strong customer service and innovation, has delivered and supported analytical software solutions to the Insurance Industry for more than eight years. Ahmed says, “This experience coupled with the vision and tenacity of TRAQ-IT’s founder, the late, Dr. Robin Potter, provides us with an excellent opportunity to grow and meet the developing needs of our customers.”
According to Ahmed, over the next few months, leadership will be focused on integrating TRAQ-IT into GT Analytix and identifying synergies and best practices. “We will continue to provide the highest level of service during this time and look forward to a long and mutually beneficial relationship with our customers”.
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