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CRESTWOOD ACQUIRES SSYH Featured

Angela Stuart Mills, SSYHCrestwood Associates has acquired Florida-based Stanley Stuart Yoffee & Hendrix, a historical Dynamics SL reseller. Founded in 1992, SSYH is owned by CEO Angela Stuart Mills, who joins Mount Prospect, Ill.-based Crestwood as director of product development. SSYH also carries Dynamic GP, NAV and CRM and more recently Acumatica. It has offices in Maitland and Fort Lauderdale, Fla.

Founded in 1998, Crestwood has offices in Madison, Wis.; South Bend, Ind.; and Farmington Hills, Mich. SSYH had $2.7 million in revenue for 2015. Years earlier, its revenue reached as high as $4 million and it made Top 100 lists, but as the threshold for that selection grew, SSYH did not. For Crestwood, the deal marks the first move outside of the Midwest and presages more. "It is our first foray outside the Midwest. We have no immediate plans, but other regions are of interest down the line," says Donna Krizik Parsons, Crestwood's director marketing. The VAR has staff, but no offices, in Austin, Texas, and San Diego, Calif. Crestwood was No. 46 on Bob Scott's Top VARs with $12.2 million in revenue. It carries Acumatica, Dynamics GP and SL, Greentree and Unanet.

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