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Indus International Stage: LBOs and Special Situations Date of Investment: 1992 Web Site : http://www.indusinternational.com
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Headquartered in Atlanta, Georgia, Indus International provides
software and services that facilitate management of the plant and
equipment of capital-intensive enterprises. Enterprise asset management
(EAM) software serves to automate the maintenance functions that
support large installations of facilities and equipment. In September
1992, Warburg Pincus became the sole financial partner and majority
shareholder of predecessor company TSW International by purchasing all
existing shares of outside investors and infusing new working capital
into the company. In August 1997, TSW merged with The Indus Group,
Inc., a publicly traded provider of high-end maintenance and
engineering software solutions for large, capital-intensive process
industries. The combined entity was renamed Indus International, Inc.,
of which Warburg Pincus became the largest shareholder. The company's
current customer base of over 300,000 users includes manufacturers,
public utilities, transportation authorities, hospitals, government
centers, and educational institutions. Indus' software application
suite provides management and operations personnel with: (i) spare
parts inventory control; (ii) failure and maintenance history; (iii)
work orders and preventive maintenance schedules; (iv) personnel
records including skill sets and training; and (v) equipment cost
analysis. In late 2001, Indus officially launched its next generation,
fully Web-architected EAM solution, InSite. InSite is the industry's
only pure Internet-based solution to be implemented in modular
components while capturing the rich functionality of Indus' legacy EAM
products. This system will deliver robust collaborative features and an
easy-to-use interface at a low total cost of ownership.
