Priority Software Ltd., an Israel-based provider of ERP solutions has acquired Acclivity LLC, developers of AccountEdge accounting software.  Acclivity was formed as the management buyout of MYOB in the US in 2008. Priority has its HQ in Israel with offices in the US, Romania and Oxford!

Around 45 Acclivity staff have joined Priority US including the founders, Scott Davisson and Tom Nash. The latter will both stay in the larger organisation in the role of MDs according to Davisson.

There is definitely a future for AccountEdge which will please existing customers. The product will continue to exist as a business unit under Priority US and the roadmap is being worked on. Priority will bring a depth of experience, especially in cloud that should help them develop a cloud solution.

In the UK and Ireland, AccountEdge is exclusively distributed by Mamut Software Ltd, a Visma company, however they only sell a mac based version.  Although that may remain the case in the short term, Priority are likely to take control of that distribution in time.  If so, this will be very good news for UK MYOB Users. In the meantime UK users can buy Acclivity Accountedge (Canada) online directly from Acclivity.

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