Arma Partners advises TA Associates on its minority investment in IFS, the leading global enterprise software provider
Jul 2020
minority investment in
(a portfolio company of EQT)
$3,400 million
  • Sector: Application Software; Industrial Tech
  • Deal Type: Private Equity Deals
  • Engagement type: Buyside
  • Size: $3,400 million
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Arma Partners is pleased to announce that it has acted as exclusive financial advisor to TA Associates on its minority investment in IFS AB, the leading global enterprise software provider that enables businesses to digitalise their core operations, in a transaction valued in excess of €3 billion. Following the transaction, TA Associates will hold a significant minority stake in IFS alongside EQT. The transaction is subject to customary regulatory approvals and is expected to close at the end of August 2020.

Founded in 1983, IFS is the leading provider of Field Service Management (FSM) software and is recognised for its vertically-aligned Enterprise Resource Planning (ERP) and Enterprise Asset Management (EAM) software solutions. IFS is a key enabler for digitalising core operations while contributing to more efficient use of resources and assets across its customers’ value chain. The company serves more than 10,000 customers globally reaching more than one million users.

EQT and TA Associates will support IFS’ continued growth and development journey and manifest its global market leadership position by further investing in the company’s organisation and strengthening its product capabilities, both organically and through add-on acquisitions in targeted industry verticals.

This transaction further reinforces Arma Partners’ continued leadership position in enterprise software and our track record of advising on landmark multi-billion transactions.