Acumatica to be Acquired by Vista Equity Partners in a Significant Milestone Following Transformational Growth Under EQT’s Ownership

Acumatica to be Acquired by Vista Equity Partners in a Significant Milestone Following Transformational Growth Under EQT’s Ownership

(IN BRIEF) Acumatica has announced the sale of the company to Vista Equity Partners, marking a significant step in the company’s growth journey since its transformation under EQT’s ownership in 2019. Acumatica has expanded its global presence, tripling its headcount and increasing its revenue by 7x, while continuing to innovate its cloud ERP and business management software. With its customer-driven AI-powered solutions, Acumatica helps small and mid-sized businesses optimize operations and accelerate growth. The transaction is expected to close in Q3 2025 and reflects the company’s evolution into a leading player in the ERP space for modern businesses.

(PRESS RELEASE) STOCKHOLM, 30-May-2025 — /EuropaWire/ — Acumatica, a leading provider of next-generation cloud ERP and business management software, has announced that the EQT VII fund (“EQT”) has agreed to sell the company to Vista Equity Partners (“Vista”). This transaction marks a significant milestone in Acumatica’s growth journey, following its transformation since EQT’s initial investment in 2019. Acumatica has evolved into a scaled, vertical business management platform, benefiting from investments in product innovation and ecosystem expansion across both new and existing verticals.

Acumatica, which was founded in 2008, offers cloud-first business management solutions that help small and mid-sized enterprises improve operational efficiency, enhance decision-making, and accelerate growth. Known as one of the leading ERP platforms for modern businesses, Acumatica’s AI-powered solutions are designed to help organizations integrate systems, processes, and people through a flexible and intuitive suite of products.

Since EQT’s initial investment in 2019, Acumatica has seen significant growth, including a more than 3x increase in headcount, a 7x growth in revenue, and an expanded global customer base. Today, Acumatica serves over 10,000 customers globally, spanning various industry verticals such as distribution, manufacturing, construction, retail, and professional services. The company’s suite of solutions is tailored to address industry-specific challenges with robust automation, enhanced data insights, and comprehensive AI functionality.

John Case, CEO of Acumatica, stated: “Acumatica specializes in enabling small and mid-sized businesses to achieve their unique growth goals. Our customer-focused innovation has made us a trusted ERP solution for growing mid-market organizations. The support from EQT has been crucial in driving our growth and innovation, and we are excited to partner with Vista as we continue to evolve and expand.”

Rob Maclean, Partner at EQT’s Private Equity Advisory Team, added: “Acumatica’s progress over the past six years has been remarkable. We are proud to have partnered with Acumatica’s leadership to invest in product innovation, channel expansion, and operational excellence. This transaction is a testament to EQT’s ability to drive transformational value creation in our portfolio companies.”

The transaction is subject to customary conditions and regulatory approvals and is expected to close in the third quarter of 2025.

Moelis & Company LLC acted as lead financial advisor to Acumatica and EQT, with Jefferies Group LLC also serving as an advisor. Simpson Thacher & Bartlett LLP provided legal counsel to Acumatica and EQT, while Greenberg Traurig, LLP acted as legal counsel to Vista.

About EQT

EQT is a purpose-driven global investment organization with EUR 273 billion in total assets under management (EUR 142 billion in fee-generating assets under management) as of 31 March 2025, within two business segments – Private Capital and Real Assets. EQT owns portfolio companies and assets in Europe, Asia Pacific and the Americas and supports them in achieving sustainable growth, operational excellence and market leadership.

More info: www.eqtgroup.com
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About Acumatica

Acumatica Cloud ERP is a comprehensive business management solution that was born in the cloud and built for more connected, collaborative ways of working. Designed explicitly to enable small and mid-market companies to thrive in today’s digital economy, Acumatica’s flexible solution, customer-friendly business practices and industry-specific functionality help growing businesses adapt to fast-moving markets and take control of their future. For more information, visit acumatica.com or follow us on LinkedIn.

Media Contact:

EQT Press Office, press@eqtpartners.com

Acumatica

Megan Nielson, Communiqué PR, megan@communiquepr.com, 206-282-4923 ext. 233

SOURCE: EQT