Updater to Acquire Leading Moving Software Companies
Updater is pleased to announce our plan to acquire IGC Software (IGC) and Asset Controls Inc. (ACI), two providers of the moving industry’s most widely-used software products.
This partnership will bolster our current solutions and provide our users with the industry’s first and only fully digital moving experience. By merging the leading front-end software for consumers with the leading back-end software for professional moving companies, Updater users will soon be able to:
Compare trusted, Updater-verified moving companies with accurate quoting/estimation tools
Book a moving company seamlessly within our platform
Gain unprecedented transparency over the entire moving process
This partnership is particularly exciting for the moving and storage industry. IGC and ACI, have been co-developing software since 2007 and have been preparing to launch MoveHQ at the end of this year. These two companies will now officially operate as MoveHQ, a wholly-owned subsidiary of Updater. Brian Ferguson and Joe Bippen will serve as Co-Presidents of MoveHQ and will continue operating out of their current locations, Ohio and Missouri respectively.
MoveHQ will offer moving companies a more compelling and complete portfolio of products than any one of our companies could have alone. MoveHQ is a complete end-to-end solution to run your entire moving and storage business from the cloud. Following the integration with Updater, moving companies will soon be able to:
- Communicate intelligently with the right prospective customers and at the right time
- Improve engagement throughout the move lifecycle with booked customers
This acquisition furthers Updater’s mission to dramatically improve efficiency across all facets of relocation – from the consumer experience, to the businesses that help consumers transport their household goods, to the real estate companies that help consumers find their new home. Without your partnership, this mission simply wouldn’t be possible.
Thank you for sharing our vision,
Founder & CEO, Updater
IGC and ACI have developed the relocation industry's most widely-used software products. IGC and ACI customers include the majority of the largest van lines and hundreds of their local agents, as well as many of the premier independent moving companies. Collectively, their applications are used industry-wide by over 9,000 moving professionals. In the past five years, both companies have earned the industry's top honor: American Moving & Storage Association's Supplier of the Year.
Founded in 1999 by Brian Ferguson and headquartered in Columbus, Ohio, IGC Software is the leading supplier of surveying, estimating, and sales management software tools for moving and storage companies.
Founded in 1995 by Joe Bippen and headquartered in St. Louis, Missouri, ACI has built the moving and storage industry’s most trusted and widely used inventory and warehouse management software applications.
IGC and ACI began co-developing software products in 2007. Their first project, MobileMover, became the most widely-used packer and driver mobile application on the market. Their next collaboration, the highly anticipated MoveHQ, has been in development for three years and is a new, paperless, full-lifecycle, "lead to cash" SaaS application.
The initial product integration between the Updater and MoveHQ platforms is expected to be completed within six months of closing the Acquisition.
We are thrilled to embark on this exciting journey. We truly appreciate and value the dedication to the moving industry IGC and ACI have demonstrated over the past two decades and are enthusiastic to grow with the best and the brightest in the business.