Aptean Enhances ERP Offerings for Process and Discrete Manufacturers with Acquisition of Open Systems Adaptable Solutions
ALPHARETTA, Ga., Nov. 17, 2020 (GLOBE NEWSWIRE) -- Today, Aptean, a global provider of mission-critical enterprise software solutions, announced the acquisition of Open Systems Adaptable Solutions (OSAS), a leading enterprise resource planning (ERP) software solution provider.
Founded in 1976, and headquartered in Shakopee, Minnesota, OSAS serves nearly 2,500 manufacturing, distribution and services customers across North America and has built a strong reputation for its industry-leading ERP solutions. OSAS’ solutions span industries including food and beverage, specialty chemicals, manufacturing, personal care, cosmetics and pharmaceuticals.
Over the past three years, OSAS has built on its impressive track record with the release of its new “Global” solutions. The cloud-based solutions were built from scratch to be high-performing, scalable and modern while enhancing security and scalability. Through this transaction, OSAS will be able to extend Aptean’s complementary offerings to its customers and leverage Aptean’s global scale to accelerate its growth.
“OSAS combines innovative ERP technology with a long history of helping customers solve complex problems,” said TVN Reddy, CEO of Aptean. “This acquisition further strengthens our world-class process and discrete manufacturing ERP capabilities. We are excited to welcome the entire OSAS team to the Aptean familyand are eager to continue building on OSAS’ strong momentum as we execute on our shared objectives and continue to enhance our ERP offerings.”
“Today’s announcement is an important step in our company’s growth trajectory,” said Dr. Michael Bertini, CEO of OSAS. “Aptean shares our vison for the future of OSAS and offers the worldwide scale necessary to drive further success while continuing to enhance our product development capabilities. Aptean’s existing product portfolio and complementary solutions are highly relevant for our growing customer base. I look forward to partnering with Aptean and I’m confident that together we will capitalize on the compelling opportunities ahead.”
Orrick, Herrington & Sutcliffe LLP provided legal advice to Aptean. Open Systems Adaptable Solutions was advised by GCA Advisors and DLA Piper.
About Open Systems Adaptable Solutions
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