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TEMPE, ARIZ. - Fast-growing Tectura leapfrogged rivals with its acquisition of Aston Business Solutions in mid-August, making it the largest reseller of mid-market accounting software in a reseller market that has changed dramatically in the last two months.
The Tectura run rate will be "a nice, conservative $160 million a year," said Tectura chief executive Terry Petrzelka, who has assembled the company rapidly through acquisitions over the past two years. Tectura will now employ more than...