Aptean to acquire Modula from Alpina Capital Partners.

Aptean, a global provider of mission-critical enterprise software solutions, agreed to acquire Modula, a provider of ERP and MES solutions for the German-speaking manufacturing market, from Alpina Capital Partners, a European technology growth investment firm. Financial terms were not disclosed. “Modula offers best-in-class solutions to its customers and we have been impressed by their team’s substantial investments in product development over the past several years. Our two companies serve a similar customer base in different parts of the world and we are eager to bolster our presence in Germany, Austria and Switzerland. Modula has an experienced management team with a demonstrated track record of success, and we look forward to working with their team to further enhance Modula’s market-leading suite of discrete manufacturing ERP and MES products,” TVN Reddy, Aptean CEO.