Acumatica Acquisition - IFS, EQT Partners

Acumatica Acquisition - IFS, EQT Partners - News from the Alps

I was on family vacation in Swiss Alps passing through the mountains when I saw my emails and social media messages hitting the feed.
Now I had a choice to enjoy the view of the mountains or read the big news of Acumatica acquisition, I choose the ERP mountain acquisition news, still capturing the beauty through my camera lens.

As I learnt more about IFS and EQT that strengthened my trust and quickly informed my team and started to congratulate Acumatica folks on Skype whom I know personally for last 20+ yrs for their commitment and putting a superior product out there.

Finally, the word of comfort from top executive at Acumatica was "Best is no management changes, All the same people will stay", such acquisitions bring lots of changes and retaining human talent and SME's is most important in this industry.

Acumatica, the fastest growing ERP Company and I knew they had 2 choices, to either get listed on NASDAQ or get acquired, and the later happened much quicker than I thought. I was hoping after Vegas Summit next yr they could be acquired or they needed another round of funding to keep it growing. The acquisition gives IFS and Acumatica space to grow and compete with big old boys club SAP, NetSuite, Sage etc.

All ISV/Partners might be involved in cross pollination of their solution, we are excited to see our plugin/extension for Print and Jewelry industry may find larger clients too.

We are excited to see the growth of Acumatica in last 10 yrs. with InfoSourcing being part of the channel last 6+ yrs and having built 3 great plugins/extensions using the xRP platform and we are planning to grow, we look forward to Acumatica Summit 2020 at Vegas and I'm positive it's going to be a win-win for all of us involved.

Here is a good analysis of this news from Tim Rodman

- Harsha Sarjapur, President – InfoSourcing Inc. Acumatica Partner, ISV and MVP IV

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