Sale to
February 2014
AFS Technologies, a global leader in software solutions for the Consumer Packaged Goods industry (CPG), including the Food and Beverage segment, has been acquired by Court Square Capital Partners, a leading private equity firm with over $6 billion under management.
- This investment in partnership with current AFS management provides growth capital as well as capital for future acquisitions
- AFS solutions are utilized by manufacturers, distributors, sales agencies, and third party logistics providers
- With over 25 years of industry experience, AFS provides global solutions and supports 1,100 customers in more than 40 countries
About AFS Technologies
AFS Technologies, Inc. is the leading provider on-demand cloud based and server-based software solutions designed to meet the unique requirements of the Consumer Packaged Goods industry including specialized software for the Food and Beverage segment. With over 25 years of industry experience, AFS provides global solutions and supports 1,100 customers in more than 40 countries. AFS solutions are utilized by manufacturers, distributors, sales agencies, and third party logistics providers. AFS has recently launched “Datum” which is an industry “Product Master” that can serve as the data base to support any system. Using GS1 codes as its base this database can support images, nutritional specifications and complex hierarchy management that can update any third party system automatically.
About Court Square Capital Partners
Court Square is one of the most experienced teams in the private equity industry. Since 1979, the team has made over 200 investments including several landmark transactions and has developed numerous businesses into leaders in their respective markets. Based in New York, NY, Court Square invests in companies that have compelling growth potential. The firm manages over $6 billion in aggregate capital commitments while focusing on the following four sectors: business services, general industrial, healthcare and technology/telecommunications.
Client Highlights
- 16 Transactions
- 8 Years of Partnership
Transaction Details
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SectorsIndustrial Software
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ServiceM&A
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OwnershipInvestor-Backed
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Practices
Sponsor CoverageSupply Chain Technology
Sponsor Coverage
Supply Chain Technology
“For AFS customers and employees, having Court Square as a financial partner will provide capital to accelerate our investment in current technology and solutions as well as continue to grow through acquisitions. Strategic acquisitions help accelerate our offerings and provide global support for our customers. This investment by Court Square will bring to a close AFS Technologies’ successful partnership with Goldman Sachs’ Private Capital Investing group since 2011. Over the course of Goldman Sachs’ partnership with AFS Technologies, the company expanded its global footprint, completed six acquisitions and became a leading provider of Trade Promotion Spend Management, Retail Execution and Data Visualization solutions in this segment.”