NEWS20 January 2023

YFM sells part of Vuealta to Anaplan

M&A News North America Technology UK

UK/US – Investment firm YFM Equity Partners has sold the software division of its planning and forecasting company Vuealta to supply chain tools business Anaplan Inc.

Wooden blocks showing merger concept

The deal sees YFM more than recoup its £5.6m investment in the software business, among other services, over the past 18 months and the company remains invested in Vuealta’s core consulting business.

In addition, 19 Vuealta employees, including its senior team led by chief executive Ian Stone, moved to Anaplan’s global team.

Nigel Gale, who has been at the company since 2015, has been promoted to chief executive officer of Vuealta’s global business following Stone’s departure.

Vuealta was founded in 2017 and delivers scenario planning and forecasting tools for supply chain, finance, HR and operations through the Anaplan platform.

David Wrench, partner at YFM Equity Partners, said: “To realise such a strong return for our investors through a partial sale only 18 months after our original investment is a great achievement.

“We look forward to continuing to partner with Vuealta, under Philip and Nigel’s leadership, on the next phase of its exciting growth journey.”

Philip Hunt, chair at Vuealta, said “We wish Ian and the team every success as we look forward to continuing our trusted partnership with Anaplan by providing high-quality planning solutions across multiple industry sectors in Asia-Pacific, Europe, Middle East and Africa, and North America.

“With economic volatility and increasing digital transformation presenting major opportunities and challenges to businesses worldwide, demand for dynamic business planning solutions among our client base has never been greater.”