Contact Information
ANXeBusiness
2000 Town Center Ste. 2050
Southfield, MI 48075
Toll Free
877.488.8ANX (8269)
Company Background
ANXeBusiness is owned by One Equity Partners ("OEP"), which makes private equity investments behind compelling business ideas and strong management teams. Established in 2001, OEP manages $8 billion of investments and commitments for JPMorgan Chase & Co. in direct private equity transactions. OEP acquired ANX in October 2006 from Science Applications International Corp. (SAIC), which had formed ANX in 1999 following the acquisition of the ANX Network from The Automotive Industry Action Group (AIAG.)
Prior to December 2006, the ANX core business consisted of an approved and mandated network for providing mission-critical data connectivity and transaction delivery solutions to the North American automotive industry including the original equipment manufacturers ("OEMs") and the supporting vendors in their supply chain. Since being acquired by OEP, ANX has grown organically and through acquisitions. Its acquisitions include Management Information Systems Group (MISG) in December 2006 and Virtual Services, Inc. (VSI) in July 2007. The MISG acquisition gave ANX a strategic position with customers in the automotive aftermarket who need B2B Transaction Management products and services to run their businesses efficiently. ANX supports customers with traditional EDI services, VAN consolidation, outsourced data translation and fully managed B2B collaboration and optimization, and is the only multi-provider of products and services in this area. ANX acquired MISG from the Motor Equipment Manufacturers Association (MEMA) and has operations for this piece of its business in Research Triangle Park, NC.
Through its acquisition of VSI, ANX obtained a strategic position in the Product Lifecycle Management (PLM) portion of the extended supply chain. ANX is positioned to deliver products and service to companies that are deeply involved in the product development cycles for such industry verticals as Automotive and Transportation and Aerospace.