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  • Izzi Partners With Capricorn For IBM i Services And Bluehouse For Software Peddling

    March 23, 2026 Alex Woodie

    UPDATED: Izzi Software has partnered with a pair of companies with connections to IBM midrange and mainframe systems, including Capricorn Information Systems, a New York provider of IBM i technical services, and Bluehouse, a software distributor with a global network of sellers.

    Izzi emerged in early 2025 with a goal to buy smaller, founder-led software companies with revenues in the range of $2 million to $10 million who play in the IBM i and System Z markets. The Minneapolis, Minnesota-based company has made a handful of acquisitions to date, including System Z development tool provider Colesoft in 2025, …

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  • Izzi Taps Virtutem To Modernize Infor LX Environments With Valence

    January 19, 2026 Alex Woodie

    Izzi Software entered the IBM i market in 2025 with cash for acquisitions, and promptly landed CNX and its Valence application modernization tool. Fast forward to 2026, and Izzi has formed a strategic partnership with longtime Infor partner Virtutem to sell and support Valence to users of Infor LX and other IBM i-based ERP systems.

    Virtutem founder and chief executive officer Alwyn Francis has a long history with the IBM i platform and the BPCS product from Infor. He was an RPG II programmer working on System/3, System/34, and System/36 before joining an SSA partner based in the United …

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  • Izzi Throws Retiring IBM i Software Company Founders A Lifeline

    February 3, 2025 Alex Woodie

    Founders of smaller IBM i and System z software vendors who are looking to sell their companies before they retire may want to check out a new venture called Izzi Software. In an interview with IT Jungle, the executives heading the startup explain that it has a mandate to spend millions of private equity dollars on acquiring midrange and mainframe ISVs that have solid products and businesses, but may not be big enough to attract M&A attention from bigger firms.

    It’s no secret that the IBM i and System z communities tend toward the older side of the age …

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