Aptean, a provider of enterprise software solutions, announced the acquisition of Innovative Systems, LLC, a provider of enterprise resource planning (ERP) software solutions and electronic data interchange (EDI) mapping and transaction support services to the apparel, footwear and accessories industries in North America.
Founded in 1994, Innovative Systems offers an ERP product suite for the fashion and action sports industries and designed to handle all aspects of a company’s operations, from supply chain to production and distribution.
With more than 300 customers, Innovative Systems extends Aptean’s industry-focused ERP capabilities to include the apparel, footwear and accessories verticals, adds strategic technologies and diversifies its customer base, while also providing the opportunity to leverage Innovative Systems’ EDI Direct service.
“As we expand our ERP leadership, Innovative Systems offers a unique opportunity to establish Aptean’s presence in the apparel and distribution sectors with tailored software solutions for companies of all sizes,” said TVN Reddy, CEO of Aptean. “Manufacturers are investing heavily in ERP software and services as mission-critical tools to ensure coordination between departments and improve operating efficiency to address shifts in consumer demands and rising input costs. With an impressive 25-year track record, longstanding relationships with leading brands and a strong reputation for customer service, Innovative Systems enhances our ERP and EDI offerings, particularly across the apparel, footwear and accessories verticals. We are very excited to welcome Innovative Systems into the Aptean family.”
“We are pleased to join forces with Aptean and confident that under their ownership we are situated to enter our next phase of growth,” said Joe Schaefer, co-founder of Innovative Systems. “Aptean’s global presence, robust sales and marketing and development resources bolster our existing capabilities and position us well for the future. Our customers will benefit from Aptean’s complementary product offerings.”
Moss Adams Capital LLC acted as the exclusive financial advisor and McConnell Barwick LLP acted as legal counsel to Innovative Systems.
Photo courtesy Aptean
