M&A Deal Summary

SYSPRO Acquires NexSys

On December 3, 2024, SYSPRO acquired software company NexSys from K3 Business Technology Group

Acquisition Highlights
  • This is SYSPRO’s 1st transaction in the Software sector.
  • This is SYSPRO’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2024-12-03
Target NexSys
Sector Software
Buyer(s) SYSPRO
Sellers(s) K3 Business Technology Group
Deal Type Divestiture

Target

NexSys

Manchester, United Kingdom
NexSys is a provider of digital manufacturing and distribution software, based in Manchester, England.

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Buyer(S) 1

Buyer

SYSPRO

Tustin, California, United States

Category Company
Founded 1978
Sector Software
DESCRIPTION

SYSPRO is a software provider specializing in key manufacturing and distribution industries. The solution is scalable and can be deployed in the cloud, on-premise, or both, and accessed via the web on any device to provide customers with choice and flexibility. SYSPRO was founded in 1978 and is based in Tustin, California


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2024) 1 of 1

Seller(S) 1

SELLER

K3 Business Technology Group

Manchester, United Kingdom

Category Company
Founded 1991
Sector Information Technology
Employees322
Revenue 44M GBP (2023)
DESCRIPTION

K3 Business Technology Group is an IT solutions supplier of integrated business systems encompassing Enterprise Resource Planning (ERP) software, Customer Relationship Management (CRM) software, Business Intelligence and e-commerce, hosting and managed services to the supply chain industry. K3 Business Technology Group was founded in 1991 and is based in Manchester, the United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-04 Merac

Exeter, United Kingdom

Merac Ltd. is an electronic point-of-sale and management system for the visitor attractions and leisure sector. Its solution, ‘MStore’, covers ticketing, hospitality and retail, as well as admission control, bookings, membership management, marketing, stock control, purchasing, customer relationship management and event management.

Buy £1M