iRely is a provider of software for the “physical commodity ecosystem serving organizations that handle origination, trading, manufacturing and distribution of commodities.” Currently, iRely specializes in soft commodities delivering trading & risk management (iTrade) and ERP and other solutions along the supply chain. ComTech Solutions is a privately-owned corporation headquartered in Houston, Texas with a full suite of business management applications including an accounting and ERP solution.
Although the acquisition has not yet been formally announced, the ComTech website now says “an iRely Company” and we expect to obtain more details soon.