Hansen purchases new product

Sacramento Business Journal - 1:58 PM PDT Wednesday

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Hansen Information Technologies, of Rancho Cordova, bought the Advanced Asset Management product, a leader in Australia, the company announced Wednesday.

The Advanced Asset product, which will enhance Hansen's management suit to provide real time infrastructure decision support, predictive modeling and optimized renewal analysis for long range capital planning in the public sector, was purchased from Hansen Technologies Limited of Melbourne, Australia. The two companies are not affiliated.

Hansen, which provides software applications for the public sector, employs 330 people and has offices in Auckland, London, Melbourne, Perth, Sydney and Toronto. Hansen became a portfolio company of Golden Gate Capital, a San Francisco private equity firm, in 2006.

In addition to the acquisition, Hansen promoted Peter Pagonis from operations manager for Hansen International Australia to director of Hansen's asset business unit.

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