Unit4 announced an agreement to acquire Napta, a company focused on skills-based resource management. The financial terms of the transaction were not disclosed.
Simon Paris, CEO of Unit4, stated that the acquisition supports Unit4's growth objectives, particularly within the professional services industry, which he identified as the largest and fastest-growing market among Unit4's key verticals. Paris added that acquiring Napta, described as a fast-growing business, is intended to provide Unit4's customers with products designed to help them deliver more value to their clients, serving the firms Unit4 targets and expanding in its focused markets.