Clearlake Leads Strategic Investment in Aptean

TA Associates and Insight Partners Invest in Aptean as Vista Equity Exits

October 10, 2022

Cloud & SaaS

Aptean, a provider of industry-specific ERP and supply chain software headquartered in Alpharetta, Georgia, has received a strategic growth investment from Insight Partners and existing investor TA Associates, with TA becoming the lead shareholder. Charlesbank remains a shareholder while Vista Equity Partners fully exited its stake; the investment is intended to accelerate Aptean's cloud SaaS innovation and global expansion.

Charlesbank, TA Associates and Vista Equity Partners Invest in Aptean

June 23, 2020

Software

Aptean announced that funds affiliated with Charlesbank Capital Partners will make a strategic growth investment, joining existing investors TA Associates and Vista Equity Partners; TA Associates will also make an additional investment. The funding will support increased investment in innovation and accelerate Aptean's global expansion; the transaction was expected to close in Q3 2020 pending regulatory approvals.

TA Associates Makes Strategic Growth Investment in Ivanti; Clearlake Remains Investor

August 13, 2020

Software

TA Associates has signed a definitive agreement to make a strategic growth investment in Ivanti, joining existing investor Clearlake Capital. The funding will support Ivanti's product innovation, accelerate global and organic growth, and provide capital for continued acquisition activity; management will remain led by CEO Jim Schaper.

Motive Partners & Clearlake Acquire Majority Stake in InvestCloud

February 2, 2021

Cloud & SaaS

Funds advised by Motive Partners and Clearlake Capital acquired an 80% stake in InvestCloud and combined it with Motive portfolio companies Finantix and Tegra118 to create a global, next-generation SaaS wealth solutions platform. Co-investors in the transaction included Accenture, Citi Ventures and Fiserv; the combined InvestCloud Group will target global wealth managers, private banks and asset managers with an integrated cloud-native offering.

Aptean Acquires Innovative Systems to Expand Apparel ERP and EDI Capabilities

August 26, 2020

Software

Aptean acquired Innovative Systems, LLC, a provider of apparel-focused ERP software and EDI mapping/transaction services, expanding Aptean's offerings into the apparel, footwear and accessories verticals. Innovative Systems, founded in 1994 and headquartered in Laguna Hills, California with ~30 employees and 300+ customers, will bring Full Circle Apparel Software, Full Circle Lite (SaaS) and EDI Direct to Aptean's product portfolio.

Aptean Acquires V-Technologies

August 3, 2021

Software

Aptean, a global provider of industry-specific enterprise software, has acquired V-Technologies, LLC, a Connecticut-based provider of integrated shipping software (StarShip and ShipGear). The acquisition expands Aptean's logistics and fulfillment capabilities by integrating V-Technologies' shipping and ERP connectivity solutions into Aptean's product portfolio.