Jamieson is pleased to announce it has advised the management team of IFS on the sale of the business from EQT fund VII to EQT funds VIII and IX. As part of the transaction, TA Associates will become a shareholder in the business alongside EQT.

Founded in 1983, IFS is a leading global enterprise software provider and is recognised for its vertically-aligned Enterprise Resource Planning (ERP) and Enterprise Asset Management (EAM) software solutions. The Company serves more than 10,000 customers globally reaching more than one million users.

EQT and TA Associates will support IFS and the management team with continued investment in the organisation and product capabilities, both organically and through add-on acquisitions.

Stuart Coventry, Andrew Cox, Gus Gayford and Frans Robyns advised IFS CEO, Darren Roos and the management team on their reinvestment into the new structure and the terms of the new management incentive arrangements.