Strata Partners is delighted to announce that it acted, in association with its partner Cassiopea Partners, as financial adviser to Aptos, LLC (“Aptos”) on the sale of its planning and product lifecycle management division (“Aptos’ Planning Division”) to Aptean.
Through the transaction, Aptean acquired the full breadth of operations and the product portfolio of Aptos’ Planning Division, which included solutions for merchandise financial planning (MFP), product lifecycle management (PLM), assortment planning (AP), and allocation, forecasting and replenishment (AFR).
Hundreds of established customers, including well-known fashion companies across the globe, rely on these solutions to anticipate demand, optimise production and make more informed decisions. The addition of these products complements Aptean’s enterprise resource planning (ERP) and shop floor control (SFC) offerings for the apparel industry with tools that support the entire apparel merchandise lifecycle from concept to shelf, providing visibility and real-time insights into financial planning, design, purchasing, distribution and delivery.