Acumatica to be acquired by Vista Equity Partners
Deal News | May 29, 2025 | Vista Equity Partners
Vista Equity Partners, a global investment firm specializing in enterprise software, has signed a definitive agreement to acquire Acumatica, a leading provider of cloud ERP solutions for small and mid-sized businesses. Acumatica's platform supports a range of mission-critical enterprise processes, including financial management, payroll, and CRM, through an AI-driven, flexible architecture enabling users to make informed business decisions. The acquisition represents a pivotal development in Acumatica's growth trajectory, as Vista's investment aims to enhance product development and strengthen the company's partnership ecosystem. This deal also concludes EQT's investment in Acumatica. Financial terms were not disclosed. Moelis & Company served as Acumatica's financial advisor, while Simpson Thacher & Bartlett LLP and Greenberg Traurig LLP acted as legal advisors to Acumatica and Vista, respectively.
Sectors
- Enterprise Software
- Technology Investment
- Financial Advisory
- Legal Advisory
Geography
- United States – Vista Equity Partners and Acumatica are both based in the United States, and the acquisition activity is centered within the U.S. market.
Industry
- Enterprise Software – This industry is relevant as both Vista Equity Partners and Acumatica operate within the realm of enterprise software, and the acquisition pertains to a provider of critical ERP solutions.
- Technology Investment – Vista Equity Partners specializes in technology investment, particularly in enterprise software, which is a key aspect of the article.
- Financial Advisory – Moelis & Company provided financial advisory services, highlighting the role of financial advisory firms in this transaction.
- Legal Advisory – Legal advisory firms involved, including Simpson Thacher & Bartlett LLP and Greenberg Traurig LLP, played significant roles in facilitating the acquisition process.
Financials
- Not Disclosed – Terms of the transaction were undisclosed, not providing specific financial details.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Acumatica | Target Company | Company | Provider of cloud ERP solutions for small and mid-sized businesses. |
| Vista Equity Partners | Bidding Company | Company | A global investment firm focused on enterprise software, data, and technology-enabled businesses. |
| EQT | Selling Company | Company | The previous investor in Acumatica, divesting its stake as part of this acquisition. |
| Moelis & Company | Financial Advisor | Company | Provided financial advisory services to Acumatica during the transaction. |
| Simpson Thacher & Bartlett LLP | Legal Advisor to Acumatica | Company | Acted as legal counsel to Acumatica. |
| Greenberg Traurig LLP | Legal Advisor to Vista | Company | Served as legal counsel to Vista Equity Partners. |
| John Case | CEO of Acumatica | Person | Spoke about the strategic benefits of the partnership with Vista. |
| Monti Saroya | Co-Head of Vista's Flagship Fund | Person | Provided insights on how Vista plans to support Acumatica’s growth. |
| John Stalder | Managing Director at Vista | Person | Commented on the opportunity to drive growth and product innovation with Acumatica. |