Generational Equity, a leading mergers and acquisitions advisor for privately-held, middlemarket businesses is pleased to announce the acquisition of its client, ERA Software Systems, Inc., headquartered in Long Beach, California, by a private investor. The transaction closed on May 14, 2012.

ERA Software Systems, Inc. provides grant management solutions to businesses to support excellence in research and research administration. The Company is extremely customer-centric and its employees have worked in research administration for major research organizations. The Company's software and system products benefit individuals and organizations of all sizes, making the award management process productive, integrated, and accountable.

Managing Directors, Stephen Crisham, Kris Nielsen, and Lori Galloway, led the Generational Equity deal team that advised ERA Software Systems, Inc., on the transaction. Kris Nielsen stated "The entire process, which required over a year due to unique circumstances, was a pleasure because the client was highly motivated to sell and very appreciative that the right buyer had been located. The buyer's marketing background and skill set were exactly what the seller indicated her company needed to launch it towards a significantly higher level of performance; truly a win-win transaction."