Announced
Synopsis
Vista Equity Partners and TA Associates invested in Aptean, a leading global provider of mission-critical, industry-specific enterprise software solutions. Together with Aptean’s executive management team, TA and Vista plan to accelerate Aptean’s growth as the company aims to continue providing best-in-class manufacturing ERP, supply chain and compliance solutions to its customers globally. Financial terms were not disclosed. “We are very pleased to be investing in Aptean, one of the leading manufacturing ERP, supply chain and compliance software providers globally,” said Hythem El-Nazer, a Managing Director at TA Associates. “With its global and loyal customer base, talented management team and accelerating focus towards delivering cloud products, we believe Aptean is well positioned to take advantage of organic and inorganic strategic initiatives. Furthermore, we are confident that the combination of the breadth of value-add capabilities that TA and Vista bring will help enable further acceleration in growth. We are excited about the next chapter of Aptean and are committed to ensuring the business has the resources necessary to continue to innovate and bring new products and functionality to customers.”
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