Announced
Financials
Tags
Single Bidder
Private
Pending
Software
Acquisition
Private Equity
Minority
Friendly
Belgium
software
Synopsis
Summit Partners, a global alternative investment firm, agreed to invest $90m in Odoo, an all-in-one business software provider. “In our experience, traditional ERP is expensive and frequently fails to adapt to the unique needs of dynamic businesses. With its flexible suite of applications and a relentless focus on product, we believe Odoo is ideally positioned to capture this large and compelling market opportunity,” Antony Clavel, Summit Partners Principal, Odoo Member of the Board.
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