Merit Securities facilitates capital raise for Cre8tive Technology and Design’s minority recapitalization and acquisition of EpiCenter ERP

Merit Securities, a wholly owned subsidiary of Merit Investment Bank, is honored to have served as exclusive advisor and capital placement agent for Cre8tive Technology and Design.
By: Merit Securities

SEATTLE – Jan. 7, 2025 - PRLog / PR web – Cre8tive Technology & Design (“Cre8tive” or “the Company”), a leading provider of enterprise resource planning (ERP) software systems, has successfully completed a minority recapitalization and has acquired EpiCenter ERP (“EpiCenter”).

Cre8tive received minority equity funding for its recapitalization and debt financing for the acquisition from Douglas Owen and Corey Cialeo of Petra Capital Partners (“Petra”), based in Nashville, TN. The partnership between Petra and Cre8tive will provide further growth opportunities through being able to take on additional add-on acquisitions in the future.

The Company’s recapitalization and subsequent acquisition of EpiCenter marks a pivotal step in expanding its service and solution offerings, driving innovation for the Company’s customers. The transaction adds 40 seasoned industry experts to the Cre8tive team, strengthening the Company’s network and enhancing its ability to meet evolving market demands. Both companies also specialize in the value-added resale of Epicor Software’s ERP solutions, enhancing synergies by combining Cre8tive’s customer-centric approach with EpiCenter’s extensive expertise. Moreover, the collaboration positions the combined entity to offer more tailored ERP solutions to customers across all industries, accelerating growth in its global presence while delivering elevated manufacturing technology solutions.

Merit Securities leveraged its multifaceted expertise and strong relationship with Cre8tive to shepherd the process with both Petra and EpiCenter, thoroughly evaluating the target’s fit, network, growth focus, and industry positioning. Through careful negotiations and smooth process management, Merit successfully navigated the complexities of the dual transaction to achieve a successful outcome for Cre8tive.

Legal advisory was provided by Stephen McKay and Michael Rebagliati at Karr Tuttle Campbell out of Seattle, WA. A buy-side quality of earnings report was conducted by Caleb Pilling and Justin Worthy at Geffen Mesher & Co out of Portland, OR.


About Petra Capital Partners
Petra Capital Partners is a venture capital and private equity investor founded in Nashville, TN in 1996. The firm manages four SBIC funds and prefers to invest in high-growth companies within the tech-enabled services, business services, and healthcare services spaces. Petra invests up to $20MM of debt and/or preferred stock per company, with the ability to source additional capital through its robust network of senior lending partners and co-investors.

About Cre8tive Technology and Design
Founded in 2005 and based in San Diego, CA, Cre8tive is the world’s leading provider of Epicor ERP Software, specializing in serving aerospace, defense, and manufacturing companies. Cre8tive’s expertise lies in customizing Epicor’s ERP systems to meet the unique demands of these highly regulated and complex industries, helping businesses automate critical workflows, reduce operational bottlenecks, and maintain compliance with industry standards while driving sustainable growth.

About EpiCenter ERP
Based in Massachusetts, Epicenter was founded in 2008 and is a leading provider of ERP solutions, specializing in Epicor Software implementations, upgrades, and customization. With a focus on manufacturing, distribution, and service industries, Epicenter delivers tailored solutions to streamline inventory management, enhance data accuracy, and provide real-time insights. These capabilities enable businesses to reduce costs, improve decision-making, and effectively scale operations.

About Merit Securities
Merit Securities (“MS”), member FINRA/SIPC, is a full-service broker-dealer licensed in 50 states. MS is a wholly owned subsidiary of Merit Investment Bank (“MIB”); any transactions resulting from this relationship that fall under the purview of a regulated securities transaction are processed through MS.

MIB is a leading boutique investment bank focused on serving middle-market, technology-forward companies. MIB executes sell-side M&A, buy-side M&A, and capital advisory services with specific emphasis on the technology, software, tech-enabled, consumer, telecom/wireless, and manufacturing/Industry 4.0 sectors. In addition, MIB offers other investment banking services such as debt and equity capital raises, restructuring advisory services, business valuations, and project financing.