Acumatica acquires Vertrax

Acumatica, a provider of cloud ERP solutions for growing businesses, acquired Vertrax, a longtime Acumatica partner and provider of cloud-native software solutions for the fuel and energy distribution industry.

Vertrax will operate as a business unit of Acumatica under the Vertrax brand, expanding Acumatica’s industry-specific capabilities and strengthening its ability to help businesses streamline operations, adapt to change and grow with purpose-built technology, according to the companies.

“Vertrax’s exceptional industry-specific IP, built on the Acumatica platform, delivers significant benefits to its growing customer base,” says John Case, CEO of Acumatica. “Our shared commitment to customer success makes this a natural fit, and together we’ll deliver great value to fuel and energy distribution companies.”

The acquisition, finalized July 2, brings an experienced team of more than 40 to Acumatica. Current products, services, customer relationships, pricing, contracts and ongoing projects will continue without interruption, the companies add.

“Joining Acumatica creates exciting opportunities for our customers and our team,” says Vinny Mullineaux, CEO of Vertrax. “Our business is growing rapidly, and with Acumatica’s backing, we can accelerate that momentum. By combining our deep expertise in fuel and energy distribution with Acumatica’s cloud ERP platform and robust ecosystem, we can deliver even more value to the industry while continuing to provide the specialized knowledge and trusted support our customers rely on.”

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