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March 24, 2014

Anania investment firm acquires Minn. company

The Windham-based Anania & Associates Investment Co. has added a ninth company to its portfolio, a Minnesota-based software developer with programs that automate production processes and purchase orders for a business. Terms of the deal were not disclosed.

Anania, whose portfolio includes Maine-based companies like Biovation and Lighthouse Imaging, said in a statement that it plans to integrate its acquisition of Synergistic Software Solution LLC with the seven manufacturers in its portfolio.

The company’s software links together sales accounting and production information, managing purchasing and work tickets automatically.

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