Acumatica Acquires Vertrax to Expand Fuel and Energy Distribution ERP Software

Vista Equity Partners to Acquire Acumatica from EQT

May 29, 2025

Cloud & SaaS

EQT has agreed to sell Acumatica, a cloud ERP and business management software platform for small and mid-sized businesses, to Vista Equity Partners. The transaction is expected to close in Q3 2025, subject to customary conditions and approvals, and terms were not disclosed.

Electric Acquires Techvera

August 31, 2021

IT Services

Electric has acquired Techvera, a North Texas managed IT services provider, to strengthen its IT support capabilities and expand service coverage for small and medium-sized businesses. The deal adds Techvera’s expertise and client base in the Dallas–Fort Worth market to Electric’s growing platform of IT professionals and customers.

WolfePak Software Acquires Welltrax and Fleet Management Product Lines from Vertrax

July 28, 2021

Transportation

WolfePak Software has acquired the Welltrax and Fleet Management product lines from Vertrax, adding cloud-based load, dispatch, and driver management capabilities to its mobile product suite. The acquisition expands WolfePak's offerings for crude and bulk commodity haulers by integrating fleet management, ELD/telematics connections, and driver workflows with its back-office oil and gas ERP solutions.

Enverus Acquires Energy Acuity

March 31, 2021

Data & Analytics

Enverus, the energy-focused SaaS and data analytics company, has acquired Energy Acuity, a provider of power generation and power delivery market data with expertise in renewables. The acquisition will integrate Energy Acuity’s datasets and domain experts into Enverus’ Prism platform to expand its power and renewables analytics and forecasting capabilities.

EQT Acquires Acumatica

June 19, 2019

Cloud & SaaS

EQT VII has agreed to acquire Acumatica, a Bellevue-based cloud-native ERP software vendor, from the company's founders, management and other minority investors; financial terms were not disclosed. Acumatica will remain an independent, channel-focused SaaS business led by CEO Jon Roskill and will operate as a sister company to EQT's existing ERP portfolio company IFS to pursue cross‑pollination of R&D, go-to-market synergies and accelerated growth in the SMB ERP market.

Aptean Acquires Verdiem

January 12, 2015

Software

Aptean acquired Verdiem, a Seattle-based provider of IT energy management software, to integrate Verdiem’s power-management and analytics capabilities into Aptean’s enterprise software offerings. The acquisition expands Aptean’s service and support portfolio by adding tools that help customers reduce energy consumption and operating costs across distributed IT devices.