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Announced

Charlesbank Capital Partners to invest in Aptean.

Synopsis

Private equity firm Charlesbank Capital Partners agreed to invest in Aptean, a global provider of mission-critical, industry-specific enterprise resource planning. Financial terms were not disclosed. "Now is the perfect time to invest in Aptean, joining TA Associates and Vista Equity Partners to accelerate the company’s growth. Aptean’s strong brand, rapid expansion, industry-specific solutions and forward-looking strategy have made it a clear success story in enterprise software over the past several years," Hiren Mankodi, Charlesbank Managing Director.

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