Latest news with #IzziSoftware
Business Wire
13-05-2025
- Business
- Business Wire
ColeSoft Signs Reseller Agreement with UK-Based Mainframe IT Leader Vertali
NEW YORK--(BUSINESS WIRE)-- ColeSoft, an Izzi Software company, today announced that it has inked a global reseller deal with Vertali for its z/XDC product, the leading debugging tool purpose-built for mainframe systems. This is the first-ever reseller agreement signed by ColeSoft, which was acquired by Izzi Software in 2024. z/XDC will be bundled with technologies from leading mainframe technology companies to help Vertali's customers solve their biggest business and technical challenges. Andrew Penlington, Channel Partner Manager at Vertali, says that, 'It is impossible to overstate the importance of debugging as early in the development process as possible, and ColeSoft has a 30+ year track record of helping organizations get their products to market faster while reducing errors that can cost organizations time and money. We have never had a product like this in our arsenal, and Vertali couldn't be happier to work with Dave Cole and his amazing team to add this critical capability to our stack.' Calin Cole, President of ColeSoft, says, 'Debugging is often seen as a way to fix problems that pop up in the development process, but it's much more fundamental than that - it's about preventing structural problems that can delay or destroy the ability to build and release products on time and on budget. Vertali has built a world-class suite of services and products for the mainframe world, and we are honored to have been selected as their debugging tool of choice to help major organizations that depend on IBM Z optimize their operations.' About Izzi Software Izzi Software was founded by experienced M&A experts and is led by a team with deep expertise in the IBM i and IBM z environments. The company is owned by Big Band, which has an impressive track record in buying and running B2B SaaS businesses that are growing and profitable, with ARR in the range of $2M to $10M. Izzi acquired ColeSoft, which was founded in 1982, in 2024. About Vertali Headquartered in the UK, Vertali provides mainframe services, skills, resources, and software to organizations globally. Working for clients in sectors such as financial services, retail, utilities and government, its consulting approach blends unparalleled expertise with many years' hands-on experience. It offers a pool of skills that are not available anywhere else, including mainframe consultants, security experts, and other senior practitioners. Vertali's stated mission is to help clients to reduce risk, work smarter, and deliver on their mainframe strategy.
Yahoo
30-01-2025
- Business
- Yahoo
Enterprise Software Veterans Launch Izzi Software, Announce ColeSoft as First Mainframe Industry Acquisition
Company plans multiple acquisitions in IBM z and IBM Power Sectors in 2025 MINNEAPOLIS, January 30, 2025--(BUSINESS WIRE)--Izzi Software today announced that it has completed the acquisition of ColeSoft, a Virginia-based developer of debugging products for software engineers and support staff working on IBM mainframes, and is currently exploring numerous other acquisitions in the enterprise software space. The company also named mainframe veteran Jennifer Nelson as CEO of Izzi, which is backed by Big Band Software. Nelson, a former United States Air Force intelligence analyst, spent more than 15 years at Rocket Software before serving as a global vice president at Diebold Nixdorf. Mainframes and midrange systems remain foundational to today's modern enterprises, and there is an ecosystem of specialized companies that support these markets. Izzi Software is cultivating a roster of powerhouse solutions by bringing together successful, proven companies that empower users of these platforms to extend the value of their infrastructure investments and drive successful outcomes. "Mainframes and other enterprise systems still run the world, and our mission is to acquire successful companies that enable users to continue benefiting from the tools and services that they've trusted for years," Nelson says. "Izzi is building a full-service technology business specializing in the legendary systems that power the modern world, and we are looking to acquire innovative companies that make this ecosystem so vibrant." David Cole, founder of ColeSoft, says, "Our z/XDC suite has enhanced the software development process for many customers in the mainframe industry for four decades, and in recent years I have received and ignored numerous 'partnership' and buyout inquiries. Izzi was different because their people are from the mainframe world, they know the mainframe software development process, and they understand the importance of our products to our customers. I agreed to partner with them because they convinced me of their commitment to enhancing both the power of z/XDC and its reach in our industry. With their resources behind us, we can grow in ways I could not achieve on my own." About Izzi Software Izzi Software was founded by experienced M&A experts and is led by a team with deep expertise in the IBM i and IBM z environments. The company is owned by Big Band, which has an impressive track record in buying and running B2B SaaS businesses that are growing and profitable, with ARR in the range of $2M to $10M. About Big Band Software Big Band Software is a better software holding company for amazing B2B SaaS companies. With a strong focus on culture and leadership development for the businesses they buy, Big Band Software is a great home for people and software that creates more value for more customers year after year. Big Band buys businesses that have high customer retention, showcase profitable growth, and have revenues from two to ten million. For more information, please visit View source version on Contacts Press Contact: Cameron Thomas for Izzi SoftwareCameron@ 416-660-9801 Sign in to access your portfolio
Yahoo
29-01-2025
- Business
- Yahoo
Enterprise Software Veterans Launch Izzi Software, Announce ColeSoft as First Mainframe Industry Acquisition
Company plans multiple acquisitions in IBM z and IBM Power Sectors in 2025 MINNEAPOLIS, January 30, 2025--(BUSINESS WIRE)--Izzi Software today announced that it has completed the acquisition of ColeSoft, a Virginia-based developer of debugging products for software engineers and support staff working on IBM mainframes, and is currently exploring numerous other acquisitions in the enterprise software space. The company also named mainframe veteran Jennifer Nelson as CEO of Izzi, which is backed by Big Band Software. Nelson, a former United States Air Force intelligence analyst, spent more than 15 years at Rocket Software before serving as a global vice president at Diebold Nixdorf. Mainframes and midrange systems remain foundational to today's modern enterprises, and there is an ecosystem of specialized companies that support these markets. Izzi Software is cultivating a roster of powerhouse solutions by bringing together successful, proven companies that empower users of these platforms to extend the value of their infrastructure investments and drive successful outcomes. "Mainframes and other enterprise systems still run the world, and our mission is to acquire successful companies that enable users to continue benefiting from the tools and services that they've trusted for years," Nelson says. "Izzi is building a full-service technology business specializing in the legendary systems that power the modern world, and we are looking to acquire innovative companies that make this ecosystem so vibrant." David Cole, founder of ColeSoft, says, "Our z/XDC suite has enhanced the software development process for many customers in the mainframe industry for four decades, and in recent years I have received and ignored numerous 'partnership' and buyout inquiries. Izzi was different because their people are from the mainframe world, they know the mainframe software development process, and they understand the importance of our products to our customers. I agreed to partner with them because they convinced me of their commitment to enhancing both the power of z/XDC and its reach in our industry. With their resources behind us, we can grow in ways I could not achieve on my own." About Izzi Software Izzi Software was founded by experienced M&A experts and is led by a team with deep expertise in the IBM i and IBM z environments. The company is owned by Big Band, which has an impressive track record in buying and running B2B SaaS businesses that are growing and profitable, with ARR in the range of $2M to $10M. About Big Band Software Big Band Software is a better software holding company for amazing B2B SaaS companies. With a strong focus on culture and leadership development for the businesses they buy, Big Band Software is a great home for people and software that creates more value for more customers year after year. Big Band buys businesses that have high customer retention, showcase profitable growth, and have revenues from two to ten million. For more information, please visit View source version on Contacts Press Contact: Cameron Thomas for Izzi SoftwareCameron@ 416-660-9801 Sign in to access your portfolio
