Greyrock Capital Group Makes Additional Investments into MWAi Growth Fund
SCOTTSDALE, AZ — May 6, 2014 — MWA Intelligence (MWAi), an SAP Gold Partner and leader in enterprise-class Machine-to-Machine (M2M) and Machine-to-People (M2P) solutions is pleased to announce that Greyrock Capital Group, a longtime advocate of the office products industry and imaging channel, has made new investments into the company for 2014.
These additional investments allow MWAi to accelerate the development of several important new features in the MWAi FORZA program. FORZA is a winning combination of decades of dealer industry experience delivered by MWAi combined with the global ERP software leadership of SAP.
Greyrock Capital Group’s investments will help fund the development of enhancements to the MWAi FORZA value proposition for existing and new clients, including open architecture, full inside integration, an all-in platform, and a cloud version that serves as an alternative or supplement to the on-premise platform.
“Greyrock views MWAi FORZA as a significant opportunity for the dealer community to embrace the technological needs of the new millennium and better serve end-user customers’ enterprise IT needs,” said Stephen Etter, MWAi Board Member and a founding partner of Greyrock Capital Group. “True innovation is the result of great partnering and a relentless commitment to ongoing development. Our dedication to improving long-term channel benefits is driven by a partner like MWAi and its CEO, Michael T. Stramaglio, a lifelong and respected industry veteran.”
Greyrock is excited about the new professional talents who have recently joined MWAi to strengthen the company’s engineering base and reinforce MWAi’s position as the premier provider of ERP systems to the dealer channel. Greyrock is pleased at the numerous resources invested by SAP in the form of engineering, support, training and development.
“MWAi is a proud member of the Greyrock Capital family of companies,” said Stramaglio. “Having worked in the copier and office products channel for nearly 40 years I can say with great confidence that this is the best time for our collective success. Thanks to the support of Greyrock Capital and our loyal customer base, we have invested millions of dollars into the MWAi FORZA platform and I am excited by what we can do together.”
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