EQT acquires Acumatica – a US-based ‘cloud-native’ ERP software vendor – in connection with its existing IFS investment
· EQT acquires Acumatica, a fast-growing US-based provider of modern, flexible, cloud-based ERP software systems · Acumatica is uniquely positioned to capitalize on the opportunity created from the ERP market’s shift to cloud-based software, thanks to its customer-centric product proposition and a highly-scalable indirect distribution model · Acumatica to become sister company of existing EQT VII portfolio company IFS, the leading ERP software vendor · EQT will support Acumatica’s continued growth journey by leveraging its TMT and software expertise, global platform and cross-