Arma Partners advises Advent International on the strategic growth buyout of Unit4 led by TA Associates in a transaction valued at over US$2 billion
Mar 2021
(a portfolio company of Advent International)
acquired by
$2,150 million
  • Sector: Application Software
  • Deal Type: Private Equity Deals
  • Engagement type: Sellside
  • Size: $2,150 million
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Arma Partners is pleased to announce that it has acted as financial advisor to Advent International on the strategic growth buyout of its portfolio company Unit4, a global leader in enterprise cloud software for people-centric organisations, led by TA Associates. Partners Group will invest alongside TA Associates as a minority shareholder. Advent International, the current majority shareholder in Unit4, will exit its stake in the company. The transaction, valued at over US$2 billion, is subject to customary regulatory approvals.

Unit4’s next-generation enterprise software supports over 5,100 organisations globally by delivering an exceptional “People Experience” to their customers. With the launch of ERPx, a next generation cloud-native Enterprise Resource Planning (ERP) platform, the expansion of its global partner ecosystem and a deeper “people” investment in its key markets, Unit4 is poised to deliver strong growth through the next phase of its journey.

Unit4’s partnership with TA Associates and Partners Group will further accelerate its vision of “people-centric ERP” for mid-market enterprise organisations. As a leader that innovates for and serves people-based services industries including Professional Services, Public Sector, Non-profit and Higher Education, this partnership will also help Unit4 address the specific challenges and requirements of organisations across these industries globally.

This transaction further underscores Arma Partners’ unrivalled expertise in advising global enterprise software companies and our track record of successfully executing landmark multi-billion transactions on behalf of private equity investors.