Acquisition of NexSys, a division of K3 Business Technology, by SYSPRO, a portfolio company of Advent International

Headquartered in the UK, NexSys is a specialist provider of digital manufacturing and distribution software in the UK. The acquisition builds on a long and successful partnership between SYSPRO and NexSys, during which NexSys established itself as a trusted provider of digital solutions to manufacturing and distribution companies across the UK.

This carve-out acquisition 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.

This transaction further demonstrates Torch Partners’ expertise and successful track record in the Software and Services space, helping existing clients successfully execute on their growth strategies. The transaction is expected to close in January 2025 pending final shareholder approval and customary regulatory and closing conditions.

Earlier in 2024, Torch advised SYSPRO’s founder on the sale of the business to Advent.