Acumatica acquired by UK private equity firm in bid to take on Oracle, Microsoft and other business tech giants

Acumatica CEO Jon Roskill. (Acumatica Photo)

In what it calls an attempt to take on global enterprise software giants including Microsoft, Oracle and Sage, Bellevue, Wash.-based Acumatica announced this morning that it has been acquired by a UK private equity fund called EQT Partners.

The deal comes with

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