SYSPRO, a leading global software provider for the manufacturing and distribution industries, announced that it has entered into a definitive agreement to acquire long-standing partner, NexSys, a specialist provider of digital manufacturing and distribution software in the UK, and part of Alternative Investment Market (AIM) listed K3 Business Technology Group Plc. The carve-out acquisition of NexSys is a key milestone in SYSPRO’s strategy to expand its global footprint, strengthening its presence in the UK and extending its reach across Europe. The acquisition will also enable SYSPRO to expand its highly regarded digital manufacturing suite with new products and capabilities designed to meet the evolving needs of global customers. SYSPRO’s expanded digital manufacturing suite empowers midmarket manufacturing and distribution organizations to drive automation, visibility and traceability of their operations in a cloud, on-premise or hybrid environment, delivering best-of-benchmark efficiency and quality production processes. The announcement comes shortly after Advent, a leading global private equity investor, took ownership of SYSPRO in October. The acquisition marks the first major initiative under the new ownership, reflecting a bold strategic vision centered on growth through targeted investments. By leveraging Advent’s backing and SYSPRO’s deep industry expertise, the company will continue to expand its footprint, enhance …
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