Advent International to acquire a majority stake in Syspro.

Advent International, a private equity firm that invests in business, financial services, healthcare, industrial, retail, consumer, and leisure sectors, agreed to acquire a majority stake in Syspro, a global provider of manufacturing and distribution software to enhance innovation and growth. Financial terms were not disclosed. “It is rare to find an established business like SYSPRO with such meaningful potential for further growth. We are excited to bring Advent’s expertise in enterprise application software to support Jaco and the SYSPRO team in building a long-term global category leader,” Christian Braunfisch, Advent International Assistant Director.