EQT to Sell Acumatica to Vista Equity Partners

Private Equity
Written By Rick Watson

Vista Equity Partners is a global investment firm that focuses on enterprise software and technology-enabled businesses.

Acumatica is a leading cloud-based ERP software company that provides a comprehensive business management solution, designed to help mid-sized businesses thrive in the digital economy by offering tools for financials, reporting, CRM, and more.

Private equity firm EQT has announced that it is selling Acumatica, a cloud-based enterprise resource planning (ERP) platform, to Vista Equity Partners in a transaction valued at approximately $2 billion. This represents a significant shift in the mid-market ERP sector, driven by a robust partner ecosystem, and highlights Vista Equity Partners' willingness to pay a premium for Acumatica.

Acumatica: Acumatica to be Acquired by Vista Equity Partners

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
Previous

E.l.f. Beauty to Acquire Hailey Bieber Skincare Brand Rhode in up to $1B Deal
Next

Logistics Automation Startup Pallet Closes $27M Series B