Acquisitions & Partnerships Viewpoints

Ralph Rio — Acquisition or Partnership

IFS and Acumatica to Form Global Cloud ERP Powerhouse Under EQT Ownership

 EQT Partners, a leading investment firm with $45B (€40B) of assets under management, has announced the signing of a definitive agreement to acquire cloud-native enterprise software provider Acumatica through an investment vehicle owned by the same holding company that holds IFS AB (Industrial and Financial Systems), thus forming a global cloud ERP powerhouse