Advent International to invest and acquire a majority ownership stake in SYSPRO

SYSPRO

Founded in 1978 and currently employing around 400 people, SYSPRO has established itself as a global leader within the manufacturing and distribution verticals under the helm of its founder Phil Duff, with a purpose-built software suite catering to the most complex customer use cases. SYSPRO’s 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 serves customers across six continents, with headquarters in the UK and South Africa.

The Deal

Advent International, one of the world’s largest and most experienced private equity investors, announced that it has entered into a definitive agreement to invest and acquire a majority ownership stake in SYSPRO

Our Perspective

Lalit Kasat, Lincoln International Managing Director who led the transaction, commented, “It was a pleasure to support the Advent team on this important transaction. Phil Duff and the SYSPRO team has built a truly impressive global ERP business specializing in the manufacturing and distribution industries. The business is well positioned to further build on its success through investment in product and technology, further driving SYSPRO’s global growth ambitions including ongoing expansion in the U.S. and UK.”

Advent International

Founded in 1984, Advent is one of the largest and most experienced global private equity investors. The firm has invested in 420 private equity investments across 43 countries and as of December 31, 2023, had $94 billion in assets under management. With 15 offices in 12 countries, Advent has established a globally integrated team of more than 300 private equity investment professionals across North America, Europe, Latin America and Asia. The firm focuses on investments in five core sectors, including business and financial services, healthcare, industrials, retail, consumer and leisure and technology. For more than 40 years, Advent has been dedicated to international investing and remains committed to partnering with management teams to deliver sustained revenue and earnings growth for its portfolio companies.

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