Acumatica Acquires Vertrax, Backing the ISV’s Growth in Fuel and Energy Distribution

Acumatica announced it has acquired Vertrax, a longtime partner providing cloud-native software for the fuel and energy distribution industry. The deal is a positive strategic step to expand Acumatica’s capabilities in energy distribution software, though no financial figures or guidance were provided in the release.

Analysis

Acumatica announced it has acquired Vertrax, a longtime partner providing cloud-native software for the fuel and energy distribution industry. The deal is a positive strategic step to expand Acumatica’s capabilities in energy distribution software, though no financial figures or guidance were provided in the release.