Aptitude Software acquires MPP Global
November 9, 2021
MPP Global, a technology company that helps enterprises transform and embrace the subscription revolution, has been acquired by Aptitude Software Group, a specialist provider of finance transformation and automation software. The £37.1 million deal combines the strengths of both MPP Global’s subscription management platform, eSuite, with Aptitude’s financial management software to provide a powerful revenue management and reporting for seamless end-to-end subscription, billing and revenue automation. Jeremy Suddards, Chief Executive Officer of Aptitude Software, said: “I am delighted to welcome the MPP Global team and customers into the Group, expanding both our current offering and future innovation capabilities. We believe MPP Global is a strong strategic fit, with both businesses positioned to capitalise on the growth in subscription offerings, and we are excited for the new opportunities the acquisition will bring.”
Julian Morelis, EVP Subscription Management & Billing, MPP Global, added: “We’re excited that MPP Global was chosen by Aptitude Software for this investment opportunity, it’s testament to the strength of our client portfolio and innovative subscription billing platform. Together, we’ll provide robust product functionality with deep expertise across multiple industries, and we envision continued adoption across these verticals for the Group’s wider product suite. Our Northwest UK headquarters will become the second long-term innovation centre for the Group, playing a key role in the Aptitude Software strategy going forward.”