DC Advisory acts as exclusive financial advisor to EFI and its shareholder, Siris Capital, on the sale of Inèdit Software, S.L., to Fiery, LLC, a subsidiary of Seiko Epson Corporation

Background

  • Founded in 1992 and acquired by EFI in 2022, Inèdit Software develops advanced color-management, raster image processing, and design-automation tools for digital textile printing, enabling integration from creative design to industrial production
  • EFI is a global technology company and a leader in the worldwide transformation from analogue to digital imaging
  • Siris Capital Group is a private equity firm focused on making control investments in companies that have a strong legacy business model accompanied by a business with potential for increased growth
  • Fiery is owned by Seiko Epson Corporation and is a leading provider of Digital Front Ends (DFE), a critical software platform that powers efficient and high-quality digital printing operations
  • Prior to this deal, DC Advisory advised Siris Capital and EFI on the sale of Fiery to Seiko Epson

Process

  • DC Advisory acted as financial advisor to EFI and its shareholder Siris Capital on the sale of Inèdit to Fiery, a subsidiary of Seiko Epson
  • Due to the strong strategic fit between Inèdit and Fiery, bilateral discussions were initiated with DC Advisory closely supporting the management teams of EFI and Inèdit throughout the transaction
  • DC Advisory leveraged its deep sector knowledge in the global printing sector and its strong relationship with Seiko Epson to deliver a successful outcome for the client

Outcome

  • On 8th January 2026, Fiery, LLC acquired Inèdit Software, S.L 
  • Fiery intends to maintain Inèdit’s existing brand identities, product independence, and partner and customer bases
  • This transaction further highlights DC Advisory’s expertise in the technology, software and digital printing sectors and builds on the successful sale of Fiery to Seiko Epson in 2024

“The successful completion of this transaction reflects DC Advisory’s strong sector knowledge and integrated international platform. Our global team worked seamlessly alongside Siris / EFI in the US and Inèdit’s management in Spain to deliver a highly coordinated deal execution. It was a privilege to have supported our clients on another successful transaction in the digital printing software space.”

Michael Mariaz, Managing Director, DC Advisory

“DC Advisory’s ability to act as a trusted bridge between European software businesses and Japanese strategic buyers was once again central to this transaction. We are proud to have contributed to another successful cross-border transaction involving a leading Japanese industrial group."

Tosh Kojima, Managing Director, DC Advisory
Date
Sectors
  • Industrials
Deal type
  • M&A Advisory
  • Asia Access
Deal locations
United States
Spain
Japan
Deal team
Managing Director
Managing Director

Disclaimer

For more information, please see our transaction disclaimer

For important information regarding testimonials, please see our disclaimer.

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