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Advent International Invests in SYSPRO, Mike Ettling Named New Chairman

August 13, 2024
1 min read
Author: Joyce Onyeagoro

SYSPRO, a leading provider of enterprise resource planning (ERP) software, has announced a significant investment from Advent International, a global private equity firm with an extensive track record in ERP and manufacturing. This strategic investment is set to propel SYSPRO into a new era of growth, allowing the company to expand its global footprint and deliver enhanced value to its customers.

In line with this new chapter, Mike E., an experienced software business leader, will take on the role of Chairman of the Board. He succeeds co-founder Phil Duff, who will retire at the end of September. The company extends its heartfelt thanks to Phil for his invaluable contributions to SYSPRO’s success, marking the end of an era and the beginning of a promising future under new leadership.

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