Unit4

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Unit4
TypePrivate
IndustryCloud computing software, software
Founded1980
Key people
  • Mike Ettling CEO
Products
  • ERP
  • FP&A
  • Human Capital Management
Services
  • Software
  • Professional services
Revenue€412.8 million (2019)[1]
Number of employees
2,600
Websitewww.unit4.com

Unit4 is a software company that designs and delivers enterprise software and ERP applications and related professional services for people in services organizations, with a special focus on the professional services, education, public services, and nonprofit sectors. It has subsidiaries and offices in 26 countries across Europe, North America, the Asia-Pacific region and Africa.

The company is best known for its People Experience Suite including Unit4 ERP, Unit4 Financials, Unit4 FP&A, Unit4 Talent Management.[2] In 2015, Unit4 announced a partnership with Microsoft to build self-driving business applications on the Microsoft Azure cloud.[3] Unit4's software is available in either cloud or on-premises setups.[4] In 2020, the company launched a Global Channel Partner Programme to aid partners in implementing Unit4 software.[5]

History[]

Unit4 was founded in 1980 by Chris Ouwinga and listed on the Amsterdam Stock Exchange in 1998.[6]

In 2000, Unit4 merged with the Norwegian ERP software house Agresso Group ASA[7] and the company name was changed to Unit4Agresso.

In March 2014, Unit4 was acquired by international venture capital firm Advent International.[8]

In 2015, Unit4 rebranded its Coda financial management software package as Unit4 Financials.[9] The Unit4 People Platform was also launched in 2015 as the foundation for Unit4 business applications using Microsoft Azure technology.[9]

In April 2019, Mike Ettling, former president of SAP SuccessFactors and CEO of NGA Human Resources, became Unit4's CEO.[10]

Global growth private equity firm TA Associates announced the strategic growth buy out of Unit4 for more than $2bn in March 2021. Global private markets firm, Partners Group, will invest alongside TA.[11] In April, Unit4 released ERPx, its next-generation intelligent Enterprise Resource Planning (ERP) solution built for mid-market, people-centric organizations.[12]

Acquisitions[]

Acquisitions (1980–now)

Acquisition number Acquired company Acquisition date Specialty Country of origin Acquisition costs
7 Intuo[13] 2019 Talent Management Belgium
6 Assistance[14] 2017 Professional Services Netherlands
5 Prevero[15] 2016 CPM Germany
4 Three Rivers[16] 2015 Education USA
3 Prosoft[17] 2015 HRM Asia
2 Teta[18] 2010 Accounting and Services Poland
1 CODA[19] 2008 Accounting UK

Recognition[]

Unit4 was featured in Gartner's 2019 Market Guide.[20]

In 2020, Unit4 was featured in a Forrester Wave evaluation of cloud-based HCM suite providers as a Strong Performer.[21] That same year, Unit4 placed 3rd as a Gold Medalist in the ERP Data Quadrant Report on MS Dynamics and Oracle ERP Cloud providers.[22]

In 2021, Unit4 was featured as a Notable Vendor in Gartner’s Market Share Analysis: ERP Software, Worldwide, 2020.[23]

References[]

  1. ^ "Unit Who? The Unit4 sleeping giant awakes". 24 February 2020.
  2. ^ Steve Brooks (14 October 2020). "Unit4 seals completion of microservices ERP with a kiss". Enterprise Times. Retrieved 6 November 2020.
  3. ^ "Unit4 picks Microsoft Azure for 'self-driving' ERP vision". enswmu.blogspot.co.uk.
  4. ^ "People Platform to Take Center Stage in Unit4 Re-branding". Gartner.com. 28 April 2015.
  5. ^ Simon Quicke. "Partner programme launches continue to stack up". Computer Weekly. Retrieved 20 August 2020.
  6. ^ Philip Bueters (15 April 2014). "That is how Unit4 grew up" (in Dutch). Sprout. Retrieved 17 July 2020.
  7. ^ "Company news: "Unit 4 will offer NOK 20.56 per Agresso share"". NYSE Euronext. 29 Dec 2000. Retrieved 22 Oct 2010.
  8. ^ Sara Webb (18 November 2013). "Private equity buyer offers $1.6 billion for Dutch software firm". Reuters. Retrieved 17 July 2020.
  9. ^ a b Katherine Noyes (27 March 2015). "New Unit4 platform promises 'self-driving' ERP". Computer World. Retrieved 17 July 2020.
  10. ^ Steve Brooks (16 April 2019). "Unit4 hires Mike Ettling as new CEO". Enterprise Times. Retrieved 17 July 2020.
  11. ^ "TA Associates to buy business software maker Unit4 in $2 billion deal". Reuters. 22 March 2021.
  12. ^ William Jepma (7 April 2021). "Unit4 Announces the General Availability of ERPx, a Next-Generation ERP Solution". Solutions Review.
  13. ^ BusinessWire (March 26, 2019). "nit4 Acquires Intuo; Extends HCM offering to Better Support Modern Workforces in the Services Economy". BusinessWire.
  14. ^ Steve Brooks (April 6, 2017). "Unit4 buys Assistance Software for PSA solution". EnterpriseTimes.{{cite news}}: CS1 maint: url-status (link)
  15. ^ Phil Wainewright (July 11, 2016). "Unit4 buys prevero, expands footprint in CPM and Germany". Diginomica.{{cite news}}: CS1 maint: url-status (link)
  16. ^ Phil Wainewright (June 9, 2015). "Unit4 buys Three Rivers to step up US education presence". Diginomica.{{cite news}}: CS1 maint: url-status (link)
  17. ^ "Unit4 to acquire Prosoft". PR Newswire. August 26, 2011.
  18. ^ BBJ (August 25, 2010). "UNIT4 acquired parent company of Hungary's VT-Soft". BBJ.
  19. ^ PresseBox (2008). "Unit 4 Agresso offer to acquire CODA plc declared unconditional". PresseBox.{{cite news}}: CS1 maint: url-status (link)
  20. ^ "Market Guide for Service-Centric Cloud ERP Solutions". gartner.com.
  21. ^ "Cloud Human Capital Management Suites, Q2 2020". forrester.com.
  22. ^ "Enterprise Resource Planning". infotech.com.
  23. ^ "Market Share Analysis: ERP Software, Worldwide, 2020". gartner.com.

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