The Mistral Group was majority owned by Omnes Capital, Capital Transmission, Swen Capital Partners, Bluester Capital and Fabrice Le Camus, the Group’s CEO. It is being sold to Aptean, a US-based business software company.
Founded in 1980 and based in Clermont-Ferrand, France, Mistral has installed its unique ERP solutions at more than 500 dealers, distributors, repairers and equipment rental companies to help them meet their business needs. Mistral’s integrated and modular solution is verticalized for each individual market segment to address a company’s specific needs in key areas such as accounting and financial management, equipment rental, sales and distribution, maintenance and repair, as well as supplier and transport management. Mistral’s solution also includes additional modules to manage field technicians, vehicle fleets and customer relationships (CRM). Mistral currently employs more than 70 people.
Aptean is one of the world’s leading providers of specialised, industry-specific software that helps manufacturers and distributors manage and grow their business effectively. Aptean is based in Alpharetta, Georgia, and has offices in North America, Europe and the Asia-Pacific region. The company is majority owned by Vista Equity Partners, Insight Partners, TA Associates and Charlesbank Capital Partners.
The acquisition of Mistral will allow Aptean to extend its range of business ERP solutions in France. Aptean’s global reach, resources and technological expertise will not only speed up the implementation of Mistral’s cloud solutions, but also expand the range of solutions Mistral can offer to its existing clients.
Capital Transmission held a stake in the Group since 2018.