October 12, 2022

On October 10, it was announced that Willkie client Insight Partners agreed to acquire a minority stake in Aptean, a global provider of industry-specific enterprise resource planning and supply chain software.

Existing investor TA associates also made an additional investment alongside Insight Partners, becoming the lead shareholder in the company. Charlesbank Capital Partners will continue as a shareholder, while Vista Equity Partners will fully exit its stake in Aptean.

Aptean has more than 10,000 customers in over 20 industries and more than 50 countries.

Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies. As of June 30, 2022, the firm has over $80 billion in regulatory assets under management.

The Willkie team was led by partners Matthew Guercio and Nathan Sawyer and included associate Timothy Sullivan.