EQT Agrees to Sell Acumatica to Vista Equity Partners Following Significant Transformation

EQT's Strategic Sale of Acumatica to Vista Equity Partners

EQT, a prominent investment firm, has confirmed the sale of Acumatica, a cloud ERP and business management software provider, to Vista Equity Partners. This transaction, announced on May 29, 2025, represents another milestone in Acumatica's impressive growth story since EQT's investment in 2019.

Acumatica specializes in offering next-generation cloud solutions that empower small to medium-sized businesses worldwide. Founded in 2008, the company has become a key player in the enterprise resource planning (ERP) sector, delivering tailored software to enhance operational efficiency and facilitate growth for its customers. Acumatica's services cover a broad range of industries, including distribution, manufacturing, construction, and professional services, helping over 10,000 clients globally.

Transformational Growth Under EQT

Under EQT's stewardship, Acumatica has experienced remarkable transformations. The company has tripled its workforce, achieved a sevenfold increase in revenue, and significantly enhanced its product offerings. This growth is attributed to strategic investments in product innovation and the expansion of its partner ecosystem. EQT has played a vital role in positioning Acumatica for the future, facilitating its adaptation to the rapidly changing business landscape dominated by digital transformation.

EQT's focus on driving operational excellence and product innovation has allowed Acumatica to maintain its competitive edge. The company's solutions are increasingly powered by artificial intelligence, providing enhanced functionality and automation that address specific industry needs. As businesses increasingly migrate to the cloud, Acumatica is well placed to seize these opportunities while fostering deeper relationships with its partners and customers.

Looking Ahead: Opportunities and Innovations

Acumatica CEO John Case expressed his excitement about the sale, highlighting the pivotal role of EQT in the company's journey. He stated, “Our customer-driven product innovation has established Acumatica as a trusted ERP solution for forward-thinking, growing mid-market organizations.” These words underscore Acumatica's commitment to empowering businesses to achieve their unique ambitions through tailored technological solutions.

As the sale is finalized, Vista Equity Partners is expected to continue Acumatica's trajectory of growth and innovation, driving further advancements in the ERP market. The deal emphasizes the ongoing necessity of flexible, AI-enhanced solutions in today's business environment, where companies are striving to maximize operational efficiency and make informed decisions.

The transaction is anticipated to close in the third quarter of 2025, subject to customary regulatory approvals. Acumatica's expansion and innovation journeys are poised to continue with Vista Equity’s backing, ensuring that it remains at the forefront of the cloud ERP landscape. Moelis & Company and Jefferies Group, alongside legal advisories from Simpson Thacher & Bartlett LLP and Greenberg Traurig, played significant roles in facilitating this landmark deal.

In summary, EQT's sale of Acumatica to Vista Equity Partners represents a promising future for the company, poised to capitalize on significant growth opportunities and continue evolving its innovative solutions tailored to meet the needs of its ever-expanding customer base. The future looks bright for Acumatica as it embarks on this new chapter under Vista's leadership.