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New Deal


Announced

GI Partners to invest in Aras.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Acquisition

Software

product development software

United States

Friendly

Domestic

Majority

Single Bidder

Private

Private Equity

Synopsis

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GI Partners, a private investment firm, agreed to invest in Aras, a resilient platform provider for digital industrial applications. Financial terms were not disclosed. "We believe the pace of digital transformation in manufacturing is just beginning to increase, and that Aras is uniquely positioned to deliver the next generation of platform-based applications for global companies. We are excited to partner with Peter and the management team to help further extend their cloud technology leadership, world-class support, and operations as the business scales. Our vision is to grow the company through investment in internal processes and innovation, both organic R&D and acquisitions," Travis Pearson, GI Partners Managing Director and Co-Head of Private Equity.

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