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Aptean Expands Apparel Industry Leadership Through Acquisition of Momentis

PRIVATEFeb 14, 2024over 2 years ago

Acquiring Company

Aptean

Acquired Company

Momentis

AlpharettaMontrealFinancial ServicesSoftwareFinanceVenture CapitalAngel Investment

Description

Aptean, a global provider of mission-critical enterprise software solutions, has expanded its leadership in the apparel industry through the acquisition of Momentis. With this acquisition, Aptean adds new capabilities to its fashion and apparel offerings for wholesalers, importers, manufacturers, and self-sourcing retailers, in line with its commitment to helping businesses be Ready for What’s Next, Now®.

Company Information

Company

Aptean

Location

Alpharetta, Georgia, United States

About

Focused on targeted sectors within five industries – technology, healthcare, financial services, consumer, and business services – the firm invests in profitable, growing companies with opportunities for sustained growth and has invested in more than 560 companies around the world. As of June 30, 2022, the firm has over $80B in regulatory assets under management. The firm seeks to build companies with sustainable competitive advantage and excellent prospects for growth. The firm exclusively invests in enterprise software, data and technology-enabled organizations across private equity, permanent capital, credit and public equity strategies, bringing an approach that prioritizes creating enduring market value for the benefit of its global ecosystem of investors, companies, customers and employees. Today, Aptean has more than 10,000 customers in over 20 industries who rely on its mission-critical ERP and supply chain applications to run their daily operations, spanning more than 50 countries. Aptean and Ready for What’s Next, Now are Registered Trademarks of Aptean, Inc.

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Strategic

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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