Latest news with #Relationship
Business Wire
5 days ago
- Business
- Business Wire
Acumatica to be Acquired by Vista Equity Partners
BELLEVUE, Wash.--(BUSINESS WIRE)-- Acumatica, a leading provider of cloud ERP solutions for small and mid-sized businesses, today announced it has signed a definitive agreement to be acquired by Vista Equity Partners ('Vista'), a global investment firm focused exclusively on enterprise software, data and technology-enabled businesses. "With Vista's support and track record of growing software companies, we believe we're positioned to accelerate product development, deepen partner engagement and extend our impact." Acumatica's cloud-native Enterprise Resource Planning ('ERP') platform enables a range of mid-market organizations to digitally manage and automate mission-critical processes from core financial management to payroll and Customer Relationship Management ('CRM') in a single, unified system. Built on an open, flexible architecture, the platform delivers AI-driven real-time visibility across the business, enabling users to make faster and more strategic business decisions. Acumatica offers industry-specific functionality tailored to complex sectors, including manufacturing, distribution, construction, retail and professional services. 'Our partnership with Vista not only marks a significant milestone in Acumatica's history but also is a strong endorsement of the real-world value we deliver to the market and our customers,' said John Case, CEO of Acumatica. 'Vista's investment can help power our AI-first product strategy and further strengthen our thriving Community of partners, developers and customers, working together to find better ways to work and redefine business management software for everyone. With Vista's support and track record of growing software companies, we believe we're positioned to accelerate product development, deepen partner engagement and extend our impact.' 'Acumatica is an ascendant, cloud-native ERP platform that has become a leading provider of mission-critical tools that enable small and mid-sized businesses to run more efficiently and effectively,' said Monti Saroya, co-head of Vista's Flagship Fund and senior managing director. 'With its industry-leading, strong partner ecosystem and growing presence in markets embracing cloud-based business technology, we believe Acumatica is well-positioned to lead the shift toward modern, integrated ERP solutions.' 'Acumatica has established a strong market position with differentiated, flexible and industry-specific ERP solutions as well as a uniquely dedicated channel of value-added resellers,' said John Stalder, managing director at Vista. 'We're excited to partner with Acumatica and its outstanding community of partners to drive continued growth and product innovation and to deliver even greater value to customers worldwide.' Vista will acquire Acumatica from EQT, which will no longer be an investor in the company. Terms of the transaction were not disclosed. Moelis & Company served as financial advisor to Acumatica. Simpson Thacher & Bartlett LLP acted as legal counsel to Acumatica, and Greenberg Traurig LLP served as legal counsel to Vista. About Acumatica Acumatica Cloud ERP is a comprehensive business management solution that was born in the cloud and built for more connected, collaborative ways of working. Designed explicitly to enable small and mid-market companies to thrive in today's digital economy, Acumatica's flexible solution, customer-friendly business practices and industry-specific functionality help growing businesses adapt to fast-moving markets and take control of their future. For more information, visit or follow us on LinkedIn. About Vista Equity Partners Vista is a global technology investor that specializes in enterprise software. Vista's private market strategies seek to deliver differentiated returns through a proprietary and systematic approach to value creation developed and refined over the course of 25 years and 600+ transactions. Today, Vista manages a diversified portfolio of software companies that provide mission-critical solutions to millions of customers around the world. As of December 31, 2024, Vista had more than $100 billion in assets under management. Further information is available at Follow Vista on LinkedIn, @ Vista Equity Partners, and on X, @ Vista_Equity.
Fashion Network
13-05-2025
- Business
- Fashion Network
LVMH partners with SKEMA to create a luxury track in Dubai
SKEMA already offers a Luxury Digital Marketing & Strategy program since 2021 in partnership with the New York University School of Professional Studies (NYU SPS) for the first semester, followed by a second semester at SKEMA Business School in Paris. "With SKEMA, LVMH reaffirms its commitment to luxury retail and shaping the talents of tomorrow by engaging in an excellence-driven training program aligned with the evolving luxury industry. This strategic partnership focusing on retail, which is the heart of our business, illustrates our dedication to supporting new generations in their professional development and passing on the unique expertise that defines our maison in the world of luxury retail," said Pierre-Julien Bousquet, LVMH's group global VP people engagement, in a release Monday. Starting this fall, the Retail Excellence & Client Relationship Management course will be delivered entirely in English. LVMH, luxury's largest conglomerate, will actively contribute to student training by leading lectures and masterclasses on several key topics: e-commerce and retail; sales performance; client experience & UX design; merchandising and exclusive events; and AI applied to the in-store experience. Students will attend roundtables, talks and visits to LVMH's flagship stores in Dubai. There will also be dedicated SKEMA academic courses and a four- to eight-month internship, allowing direct immersion in the luxury world. 'SKEMA and LVMH are creating an innovative program that will develop true experts in client relationship management and retail, an area of high demand. We are addressing both the strategic challenges of tomorrow and the immediate needs of luxury industry players by equipping students with the essential skills to excel in this exceptional domain," said Alice Guilhon, dean and executive president of SKEMA, and Emmanuelle Rigaud, director of the MSc in Global Luxury and Management program. Elsewhere in the region, the Saudi Fashion Commission linked with IFM, Paris' top fashion and luxury management school, to develop a specialised luxury training program in 2022. Hundreds of Saudis have taken intensive courses taught by IFM professors in Paris and Saudi Arabia in the past few years. With 11,000 students from over 130 nationalities, 190 professors, and 60,000 alumni across 145 countries, SKEMA Business School is a global educational and research institution that trains talents committed to transforming the world sustainably.
Al Bawaba
12-05-2025
- Entertainment
- Al Bawaba
Denise Bidot accuses Lil Wayne of assault after kicking her out on Mother's Day
ALBAWABA - American plus-size model Denise Bidot recently went viral on social media after accusing her on-and-off boyfriend, renowned American rapper Lil Wayne, of reportedly breaking up with her through text, assaulting her in the past, and kicking her and her daughter out of his house on Mother's Day. Bidot took to social media with a clip accusing the rapper of sending his assistants to kick her out of the house on Mother's Day while she was recovering from surgery, and that her daughter's birthday is in a week. Additionally, the model also asked her viewers if they knew any lawyers so she could file a lawsuit against Lil Wayne. Moreover, she posted a series of throwback photos, including a note that read, "Breaking up with someone on Mother's Day is diabolical. Prayers up though. God always pulls me through. Walking with faith." Lil Wayne's fiancée Denise Bidot claims he ended their relationship and kicked her and her daughter out of his house on Mother's Day. She also alleges he has physically assaulted her in the past and is now searching for a lawyer — PB (@Pep_Boxx) May 12, 2025 She added, "I'm literally recovering from surgery. I can't lift a box. So he sends his assistant to help move me and my daughter out." Bidot also shared screenshots claiming that Lil Wayne has two other women to replace her, adding to the accusations mentioned above. Wanyne and Bidot started dating in 2020 and have since been on and off together. The plus-size model, who is half Puerto Rican and half Kuwaiti, gained recognition for promoting body positivity during her modeling gig with Sports Illustrated.
CTV News
06-05-2025
- Business
- CTV News
‘In a much better position now': Ford expresses optimism after Carney-Trump meeting
Ont. Premier Doug Ford said it's 'very obvious' Trump likes Carney 'a lot more' than Trudeau, and that it's the first step into a productive relationship.
CTV News
06-05-2025
- Business
- CTV News
‘In a much better position now': Ford expresses optimism after Carney-Trump meeting
Ont. Premier Doug Ford said it's 'very obvious' Trump likes Carney 'a lot more' than Trudeau, and that it's the first step into a productive relationship.
