HAS BEEN ACQUIRED BY
Founded in 1994 and headquartered in Laguna Hills, CA, Innovative offers an enterprise resource planning (“ERP”) software product suite that is purpose-built for the apparel, footwear, and accessories industries. Innovative’s Full Circle Apparel Software® is the trusted ERP solution for many of the most iconic brands in fashion and action sports.
Aptean is a leading global provider of mission-critical, industry-specific enterprise solutions that offers purpose-built enterprise ERP and supply chain management software to help address the unique challenges facing organizations across a wide range of verticals and end markets. Over 5,000 organizations in more than 20 industries across 54 countries trust Aptean’s solutions to help run their operations. This acquisition extends Aptean’s industry-focused ERP capabilities to include the apparel, footwear, and accessories verticals, adds strategic technologies, and diversifies its customer base.
We were engaged to help evaluate transition alternatives for the Company. After preparing Innovative for a transaction process, we also took the Company to market and assisted with successfully negotiating and closing a transaction that addressed the objectives of ownership.
“We were impressed
with the Hexagon team’s strategic advice and skills in negotiating and managing the diligence process. With their guidance, we were able to achieve a strong valuation and successful outcome for our team and shareholders.”
Flavor Infusion International, S.A.