SYSPRO, a leading global provider of enterprise resource planning (ERP) software for the manufacturing and distribution industries, today announced the acquisition of long-standing partner NexSys, a specialist provider of digital manufacturing and distribution software in the UK.
The acquisition of NexSys, which is part of the AIM-listed K3 Business Technology Group Plc, is a strategic move by SYSPRO to expand its global footprint and enhance its digital manufacturing capabilities.
The addition of NexSys’ expertise and solutions will strengthen SYSPRO’s presence in the UK and across Europe, while also bolstering its highly regarded digital manufacturing suite with new products and features.
“NexSys has been a valued partner for many years, and we’re delighted to formally welcome them into SYSPRO,” said Jaco Maritz, Chief Executive Officer of SYSPRO. “This acquisition marks an important step in expanding our market presence and purpose-built software products to enhance our high-quality software suite, setting the tone for a new phase in SYSPRO’s business evolution.”
The acquisition comes shortly after private equity firm Advent took ownership of SYSPRO in October, reflecting the company’s bold strategic vision centered on growth through targeted investments.
“Joining SYSPRO is a significant milestone for our company,” said Nick McGrane, Managing Director of NexSys. “We are confident that this will open new opportunities for our team and customers, enabling us to combine our expertise, expand the SYSPRO software suite, and create a stronger and more competitive business.”
The transaction is expected to close in January, pending final shareholder approval and customary regulatory and closing conditions.
