GHz Partners advised Aptean on its acquisition of Modula Group
Modula Group acquired by Aptean
December 2021
GHz Partners is pleased to announce that it acted as the exclusive financial advisor to Aptean, a global provider of industry specific enterprise resource planning and supply chain software solutions, on its acquisition of Modula Group, a leading German mid-market ERP & MES software company.
Headquartered in Alpharetta in Georgia, with offices in North America, Europe and Asia-Pacific, Aptean’s industry specific solutions are designed to the needs of specialized manufacturers and distributors in over 20 industries. With both cloud and on-premises deployment options, Aptean’s solutions are used by more than 6,000 customers around the world.
Modula has more than 500 customers across 35 countries and nearly 300 employees throughout its German and Austrian offices. The company’s solutions include its flagship ERP and MES products, oxaion and SYNCOS, respectively, which serve customers across sectors including medical technology, automotive, electronics, plastics, metals, and logistics.
The terms of the transaction were not disclosed.