Divestiture • Software

Avolin Acquires Aptean - Vertical Business Applications Group

On October 30, 2018, Avolin acquired software company Aptean - Vertical Business Applications Group from Aptean

Acquisition Context
  • This is Avolin’s 1st transaction in the Software sector.
  • This is Avolin’s 1st transaction in the United States.
  • This is Avolin’s 1st transaction in Georgia.

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M&A Deal Summary

Date October 30, 2018
Target Aptean - Vertical Business Applications Group
Sector Software
Buyer(s) Avolin
Sellers(s) Aptean
Deal Type Divestiture

Target Company

Aptean - Vertical Business Applications Group

Atlanta, Georgia, United States
Aptean, Inc. - Vertical Business Applications Group operate the robust set of critical enterprise software solutions across Customer Relationship Management, Knowledge Management, IT Support, and Supply Chain Management.
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Buyer Overview 1

Buyer

Avolin

Austin, Texas, United States

Category Company
Founded 2018
Sector Software
DESCRIPTION

Avolin provides critical software solutions to enterprises around the world. The company specializes in Customer Relationship Management, Knowledge Management, IT Support, and Supply Chain Management. Its solutions help over 1,400 customers in more than 50 countries provide outstanding customer service, keep their day-to-day operations running smoothly, and make intelligent decisions based on relevant and real-time data. Avolin was formed in 2018 and is based in Austin, Texas.


Deal Context for Buyer #
Overall 1 of 2
Sector: Software 1 of 1
Type: Divestiture 1 of 1
State: Georgia 1 of 1
Country: United States 1 of 2
Year: 2018 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-01 NS8

Las Vegas, Nevada, United States

NS8 is a comprehensive fraud prevention platform that combines behavioral analytics, real-time scoring, and global monitoring to help businesses minimize risk. NS8 also offers supplemental data through third-party extensions as well as seamless integrations with industry-leading ecommerce platforms that enable businesses to begin fighting fraud within minutes. NS8 was founded in 2016 and is based in Las Vegas, Nevada.

Buy -

Seller Profile 1

SELLER

Aptean

Alpharetta, Georgia, United States

Category Company
Founded 2012
Sector Software
DESCRIPTION
Aptean's headquarters in Atlanta, Georgia.
Aptean's headquarters in Atlanta, Georgia.

Aptean provides industry-specific software solutions that help businesses manage their resources, supply chains, employees, and customer relationships. The company offers clients ERP, supply chain management, and customer experience solutions. Aptean was founded in 2012 and is based in Alpharetta, Georgia.


Deal Context for Seller #
Overall 2 of 2
Sector: Software 2 of 2
Type: Divestiture 1 of 1
State: Georgia 1 of 1
Country: United States 2 of 2
Year: 2018 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-08 IndustryBuilt

Allentown, Pennsylvania, United States

IndustryBuilt Ltd. is a provider of industry-specific ERP solutions. IndustryBuilt offers JustFood and EquipSoft ERP software. IndustryBuilt Ltd. was established in 2004 and is based in Allentown, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-02 OPTIWARE

Glostrup, Denmark

OPTIWARE is a provider of both Enterprise Asset Management (EAM) and Overall Equipment Effectiveness (OEE) systems. OPTIWARE’s products deliver productivity improvements and optimal utilization of production resources and support the transition of global enterprises towards Industry 4.0 and Smart Manufacturing. OPTIWARE was founded in 1980 and is based in Glostrup, Denmark.

Buy -