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Aptean buys German ERP specialist

Aptean, a global provider of enterprise software, is buying Modula Gesellschaft für digitale Transformation (“Modula”) from funds managed by Alpina Capital Partners LLP and private shareholders. Modula is a specialist in Enterprise Resource Planning (ERP) and Manufacturing Execution Systems (MES) solutions for the German-speaking manufacturing market.

Headquartered in Ettlingen, Germany, Modula offers tailored ERP and MES solutions that deliver the advantages of digital transformation to mid-market companies. Its 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. Modula also offers two more targeted ERP products: cimERP, a discrete manufacturing ERP, and TopLog, an equipment and rental management ERP. The business has more than 500 customers across 35 countries and nearly 300 employees throughout its German and Austrian offices.

Upon close, this transaction will provide Aptean a large-scale geographic expansion into the German, Austrian and Swiss markets, following its acquisition of agiles, an ERP software company serving the Food and Beverage industry, in October 2020. Modula’s customers will benefit from Aptean’s global scale, accelerated innovation and access to Aptean’s broad resources and complementary products, it says.

“Modula offers best-in-class solutions to its customers and we have been impressed by their team’s substantial investments in product development over the past several years,” said TVN Reddy, CEO of Aptean. “Our two companies serve a similar customer base in different parts of the world and we are eager to bolster our presence in Germany, Austria and Switzerland. Modula has an experienced management team with a demonstrated track record of success, and we look forward to working with their team to further enhance Modula’s market-leading suite of discrete manufacturing ERP and MES products.”

“We are pleased to be joining Aptean, a true innovator,” said Volker Schinkel, CEO of Modula. “With Aptean’s resources, industry knowledge and global scale, we will together accelerate our growth strategy and enhance our products for the benefit of our customers. This announcement is a testament to the hard work of the entire Modula team and the strength of our differentiated offerings. We are excited for the many opportunities ahead to expand our leadership in the software solutions sector.”