EQT Acquires Acumatica

Vista Equity Partners Acquires Acumatica from EQT VII

May 29, 2025

Cloud & SaaS

EQT VII has agreed to sell Acumatica, a cloud-native ERP and business management software provider, to Vista Equity Partners. The transaction, expected to close in Q3 2025, transfers ownership as Vista aims to continue scaling Acumatica's product innovation, partner ecosystem and AI-enabled capabilities.

EQT Acquires Majority Stake in Acronis

August 7, 2024

Cybersecurity

EQT X (part of EQT) will acquire a majority stake in Acronis, the cyber protection and data‑security software platform used by Managed Service Providers and corporate IT departments. Founders, management and existing investors including funds/accounts managed by CVC, Springcoast and BlackRock Private Equity Partners will remain significant minority shareholders; the deal values Acronis above its 2022 growth round and is expected to close in Q1–Q2 2025 pending regulatory approvals.

Evergreen / i-Tech Support Acquires High Touch Technologies' Acumatica Practice

April 10, 2025

IT Services

Evergreen (operating under Pine Services Group) has acquired the Acumatica practice of High Touch Technologies and will integrate the practice into i-Tech Support, an Evergreen portfolio company acquired in January 2024. The add-on brings approximately 40 clients and experienced Acumatica staff to i-Tech, expanding its ERP capabilities and industry coverage (notably lawn & landscaping) within Pine Services Group's ERP vertical.

Net at Work Acquires e2b teknologies' Sage and Acumatica Practices

January 9, 2025

IT Services

Net at Work has acquired the Sage and Acumatica software practices and client relationships of e2b teknologies, integrating e2b's customers and consultants into its ERP and business applications services. The acquisition expands Net at Work's SMB-focused ERP consulting, hosting and managed services capabilities while preserving e2b's role as a value-add developer for the Sage and Acumatica ecosystems.

EQT Private Equity Acquires Majority Stake in AMCS

August 14, 2024

Cloud & SaaS

EQT Private Equity (investing from EQT X and EQT Future) will acquire a majority stake in AMCS, a Ireland-headquartered provider of cloud-based, AI-enabled planning, performance, safety and sustainability software for waste management, recycling and other resource-intensive industries. Existing investors including Insight Partners, Clearlake Capital, Highland Europe and the Ireland Strategic Investment Fund are expected to retain minority stakes; the deal is subject to customary conditions and is expected to close before Q1 2025.

EQT Funds Acquire IFS with TA Associates as Minority Partner

July 14, 2020

Software

EQT (through its EQT VIII and EQT IX funds) has agreed to acquire IFS AB from the EQT VII fund for a consideration in excess of EUR 3 billion, with TA Associates joining as a significant minority partner. EQT and TA Associates will back IFS' management to continue investing in product capabilities and pursue growth both organically and via add-on acquisitions.