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The mid-market ERP world just got a massive wake-up call. Vista Equity Partners, the Austin-based private equity powerhouse with over $100 billion in assets under management, dropped a cool $2 billion to snatch up Acumatica from EQT Partners. And frankly, it’s the kind of move that makes every enterprise software CEO break out in a cold sweat. John Case, CEO of Acumatica shared his excitement and optimism with ERP Today about the road ahead, with Vista as his backer.
The mid-market ERP world just got a massive wake-up call. Vista Equity Partners, the Austin-based private equity powerhouse with over $100 billion in assets under management, dropped a cool $2 billion to snatch up Acumatica from EQT Partners. And frankly, it’s the kind of move that makes every enterprise software CEO break out in a cold sweat. John Case, CEO of Acumatica shared his excitement and optimism with ERP Today about the road ahead, with Vista as his backer.