Vista Equity Partners’ Aptean acquires FDM Software

Aptean, Inc., a portfolio company of Vista Equity Partners, has acquired FDM Software SA Inc. from founder Ed Colin. Financial terms were not disclosed.

Vancouver based FDM Software is an industry leader in Records Management (RMS), Computer-Aided Dispatch (CAD), mapping and analysis solutions for public safety agencies in North and South America.

Atlanta, Georgia based Aptean is a leading global provider of mission critical enterprise software solutions. Aptean was formed by the merger of CDC Software and Consona Corporation in August 2012. Vista Equity Partners Fund IV completed a buyout of CDC Software in April 2012 and subsequently combined CDC with Consona acquired by Vista Equity Partners Fund IV in August 2012.

“With more than 1,500 public sector customers, Aptean is committed to strengthening and expanding the solution offerings we provide to this growing industry,” said Kim Eaton, Aptean CEO. “The addition of FDM Software combined with Aptean’s public sector offerings will help create a single source for best-of-breed public safety solutions for local municipalities, helping them to streamline processes and provide a better customer experience. We also see opportunities in the healthcare sector to build a more comprehensive emergency management platform integrated with hospital patient flow capabilities.”

“The FDM team and its customers will benefit from Aptean’s leadership and experience in delivering superior, industry-specific solutions,” said Colin. “Aptean brings us the ability to accelerate delivery of the FDM software roadmap to our customers and will help us continue to deliver high value solutions to the public safety industry.”

photo credit: Diego Fabian Parra Pabon via pxiabay

Ted Liu

Ted Liu, M.Sc. (Mining), MBA (Finance), is the Editor of Private Capital Journal and CanadaMetals.ca, and former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA). Ted was the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, the most sophisticated and advanced all private capital and public market financing database.