Acumatica to Be Acquired by Vista Equity Partners: A Strategic Milestone in the ERP’s Growth Journey
We are excited to celebrate a pivotal development in our partnership journey with Acumatica: the leading cloud ERP provider has signed a definitive agreement to be acquired by Vista Equity Partners, a globally renowned investment firm specializing in enterprise software and technology. Vista will acquire Acumatica from EQT Partners, who have guided the company through a dynamic phase of innovation and growth since 2019. The acquisition is expected to close in Q3 2025.
From Foundation to Flight: EQT’s Role in Acumatica’s Rise
When EQT Partners acquired Acumatica in 2019, the goal was clear: fuel its expansion as a modern, cloud-native ERP built for small and mid-sized businesses. Over the past six years, EQT has helped transform Acumatica into a scaled, verticalized platform, expanding functionality across manufacturing, distribution, construction, retail, and professional services.
In a recent press release on the sale, EQT outlined key metrics showcasing the results their influence has had on Acumatica:
- Increased revenue 7x
- Tripled global headcount
- Scaled VAR, OEM, and alliance ecosystem to serve 10,000+ customers
- Delivered AI-powered features and advanced automation
- Expanded into deeper industry-specific use cases
EQT’s support laid the foundation for Acumatica to become a leader in midmarket ERP, combining product excellence, cloud-first agility, and a community-driven development model.
Who Is Vista Equity Partners?
Now, Acumatica is entering its next stage of growth under Vista Equity Partners, an American investment firm founded in 2000. Vista exclusively invests in enterprise software, data, and technology-enabled organizations and is widely regarded as one of the most successful tech-focused private equity firms globally. The firm manages over $100 billion in assets and has backed more than 95 enterprise software companies, serving over 400 million users across 175+ countries.
Vista’s portfolio is stacked with top-performing SaaS and B2B software brands, including:
- Salesloft – AI-powered sales engagement platform
- Applause – Digital testing and customer feedback leader
- JAMF – Apple device management platform for education and business
- Gainsight – Premier customer success software
- Avalara – Automated sales tax solutions
- And more!
What sets Vista apart is its hands-on, operational approach. Through its proprietary Vista Best Practices framework, the firm brings structured operational guidance, strategic scaling expertise, and a data-driven growth playbook. Vista has a strong reputation for helping software companies enhance product development, expand internationally, and scale efficiently without compromising on customer experience.
Innovation Takes Center Stage in 2025
This announcement comes at a pivotal moment, following the launch of Acumatica 2025 R1—the most technologically advanced release in the company’s history. As Acumatica continues to execute on its AI-first product strategy, Vista’s investment brings the financial backing, strategic alignment, and operational resources needed to accelerate these advancements and scale them globally.
Key highlights from the 2025 R1 release include:
- Deeper Industry Capabilities – Enhanced tools for multi-site manufacturers, field service teams, and retailers
- Acumatica AI – Automating document recognition, streamlining search, and boosting process efficiency
- Improved Performance – Faster transaction processing, expanded APIs, and scalability across entities
- Enhanced User Experience – Personalization, simplified navigation, and role-based dashboards
With a platform already built to adapt and evolve, Acumatica now has the strategic firepower to bring new innovations to market faster, scale to meet increasing demand, and continue delivering on its promise: to make growing businesses more agile, intelligent, and competitive.
What Stays the Same? Everything That Makes Acumatica Great
Acumatica’s leadership team will remain in place, ensuring continuity in vision, execution, and commitment to customer success. The company will continue to operate with its signature customer-first culture, deep industry focus, and relentless drive to simplify and modernize ERP for small and mid-sized businesses.
Want to Get on the Rocketship? Let’s Talk.
We’re thrilled to celebrate this historic milestone with the entire Acumatica community. As Vista and Acumatica join forces, the future of ERP has never looked brighter—and we’re here to help you make the most of it.
