Aptean
Vertical-focused ERP solution provider
Year of Investment
2020
Sector(s)
Technology
Status
Current
Subsector
Application Software
Website
aptean.com(Link opens in new window)Headquarters
Alpharetta, Georgia
Team
Aptean is a leading global provider of mission-critical, industry-specific enterprise resource planning (ERP) software that allows its customers to digitize administrative functions and drive operational efficiency. The company provides ERP solutions tailor-made for industries including food and beverage, distribution and logistics, and industrial machinery. Aptean’s products include supply chain, compliance, payments, CRM and PLM software offerings. With a presence in over 80 countries, the company has established a strong M&A strategy and a leadership position in food and beverage manufacturing.
Investment Summary
In 2020, Charlesbank made a strategic growth investment in Aptean, joining existing institutional investors TA Associates and Vista Equity Partners, with equal representation on the board. In 2022, Aptean was recapitalized by TA and new investor Insight Partners, enabling Vista to exit its shareholding entirely and setting the company up to accelerate growth. Charlesbank retains significant ownership in the company.