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Unit4
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<h2 id="history">History</h2> <p>Unit4 was founded in 1980 by Chris Ouwinga and listed on the <a href="/facts/Amsterdam_Stock_Exchange/b1FW8bnG">Amsterdam Stock Exchange</a> in 1998.<a class="footnote-ref" id="fnref:3" href="#fn:3"><sup>3</sup></a> </p><p>In 2000, Unit4 merged with the Norwegian <a href="/facts/Enterprise_resource_planning/IHhjWH4z">ERP</a> software house Agresso Group ASA<a class="footnote-ref" id="fnref:4" href="#fn:4"><sup>4</sup></a> and the company name was changed to Unit4Agresso. </p><p>In March 2014, Unit4 was acquired by international venture capital firm Advent International.<a class="footnote-ref" id="fnref:5" href="#fn:5"><sup>5</sup></a> </p><p>In 2015, Unit4 rebranded its Coda financial management software package as Unit4 Financials.<a class="footnote-ref" id="fnref:6" href="#fn:6"><sup>6</sup></a> The Unit4 People Platform was also launched in 2015 as the foundation for Unit4 business applications using Microsoft Azure technology.<a class="footnote-ref" id="fnref:7" href="#fn:7"><sup>7</sup></a> </p><p>In April 2019, Mike Ettling, former president of SAP SuccessFactors and CEO of NGA Human Resources, became Unit4's CEO.<a class="footnote-ref" id="fnref:8" href="#fn:8"><sup>8</sup></a> </p><p>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.<a class="footnote-ref" id="fnref:9" href="#fn:9"><sup>9</sup></a> In April 2021, Unit4 released ERPx, its next-generation intelligent Enterprise Resource Planning (ERP) solution[<i>buzzword</i>] built for mid-market, people-centric[<i>buzzword</i>] organizations.<a class="footnote-ref" id="fnref:10" href="#fn:10"><sup>10</sup></a> </p><p>In January 2025, Unit4 announced that Simon Paris had been appointed as CEO, succeeding Mike Ettling, who had led Unit4 for almost six years. </p> <h2 id="acquisitions">Acquisitions</h2> Acquisitions by Unit4<table><tbody><tr><th scope="col">Acquisition number</th><th scope="col">Acquired company</th><th scope="col">Acquisition date</th><th scope="col">Specialty</th><th scope="col">Country of origin</th><th scope="col">Acquisition costs</th></tr><tr><td>9</td><td>Scanmarket</td><td>2022</td><td>Source to contract</td><td>Denmark</td><td></td></tr><tr><td>8</td><td>Compright</td><td>2021</td><td>Compensation planning</td><td>US</td><td></td></tr><tr><td>7</td><td>Intuo<a class="footnote-ref" id="fnref:11" href="#fn:11"><sup>11</sup></a></td><td>2019</td><td>Talent management</td><td>Belgium</td><td></td></tr><tr><td>6</td><td>Assistance<a class="footnote-ref" id="fnref:12" href="#fn:12"><sup>12</sup></a></td><td>2017</td><td>Professional services</td><td>Netherlands</td><td></td></tr><tr><td>5</td><td>Prevero<a class="footnote-ref" id="fnref:13" href="#fn:13"><sup>13</sup></a></td><td>2016</td><td>CPM</td><td>Germany</td><td></td></tr><tr><td>4</td><td>Three Rivers</td><td>2015</td><td>Education</td><td>US</td><td></td></tr><tr><td>3</td><td>Prosoft</td><td>2015</td><td>Human resource management</td><td>Asia</td><td></td></tr><tr><td>2</td><td>Teta</td><td>2010</td><td>Accounting and services</td><td>Poland</td><td></td></tr><tr><td>1</td><td>Unit4 Financials by Coda</td><td>2008</td><td>Accounting</td><td>UK</td><td><a class="footnote-ref" id="fnref:14" href="#fn:14"><sup>14</sup></a></td></tr></tbody></table> <h2 id="external-links">External links</h2> <ul><li><a href="http://www.unit4.com/">Official website</a> </li> <li><a href="https://opencorporates.com/corporate_groupings/UNIT4%2BBusiness%2BSoftware">Unit4 companies</a> grouped at <a href="/facts/OpenCorporates/MzT4peK9">OpenCorporates</a></li></ul> <h2 id="references">References</h2> <ol> <li id="fn:1"><p>Melissa Evatt (17 January 2023). "Unit4 launches new Marketplace platform". ERP Today. Retrieved 17 January 2023. <a href="https://erp.today/unit4-launches-new-marketplace-platform/" target="_blank">https://erp.today/unit4-launches-new-marketplace-platform/</a> <a href="#fnref:1" class="footnote-back-ref">↩</a></p></li> <li id="fn:2"><p>"Secured five-year agreement worth NOK 10 million". Finansavisen. 30 January 2023. Retrieved 30 January 2023. <a href="https://www.finansavisen.no/teknologi/2023/01/30/7981126/arribatec-sikret-femarsavtale-til-10-millioner?zephr_sso_ott=sL0qkF" target="_blank">https://www.finansavisen.no/teknologi/2023/01/30/7981126/arribatec-sikret-femarsavtale-til-10-millioner?zephr_sso_ott=sL0qkF</a> <a href="#fnref:2" class="footnote-back-ref">↩</a></p></li> <li id="fn:3"><p>Claus Jepsen (14 April 223). "How Integration-As-A-Service Could Be The Missing Link For People-Centric Organizations". Forbes. Retrieved 14 February 2023. <a href="https://www.forbes.com/sites/forbestechcouncil/2023/02/14/how-integration-as-a-service-could-be-the-missing-link-for-people-centric-organizations/?sh=e2d31498a3fd" target="_blank">https://www.forbes.com/sites/forbestechcouncil/2023/02/14/how-integration-as-a-service-could-be-the-missing-link-for-people-centric-organizations/?sh=e2d31498a3fd</a> <a href="#fnref:3" class="footnote-back-ref">↩</a></p></li> <li id="fn:4"><p>Steve Brooks (25 April 2023). "Unit4 opens up App Studio to customers and partners to innovate solutions". Enterprise Times. Retrieved 25 April 2023. <a href="https://www.enterprisetimes.co.uk/2023/04/25/unit4-opens-up-app-studio-to-customers-and-partners-to-innovate-solutions/" target="_blank">https://www.enterprisetimes.co.uk/2023/04/25/unit4-opens-up-app-studio-to-customers-and-partners-to-innovate-solutions/</a> <a href="#fnref:4" class="footnote-back-ref">↩</a></p></li> <li id="fn:5"><p>Islam Soliman (6 March 2023). "New CRO joins Unit4 to lead global GTM activity". IT Europa. Retrieved 6 March 2023. <a href="https://iteuropa.com/news/new-cro-joins-unit4-lead-global-gtm-activity" target="_blank">https://iteuropa.com/news/new-cro-joins-unit4-lead-global-gtm-activity</a> <a href="#fnref:5" class="footnote-back-ref">↩</a></p></li> <li id="fn:6"><p>Jochen Wießler (10 April 2023). "Digital businesses are more flexible post-lockdown than before, but there's still a lot of work to be done". Sysbus. Retrieved 10 April 2023. <a href="https://www.sysbus.eu/digitale-unternehmen-sind-nach-dem-lockdown-flexibler-aufgestellt-als-zuvor-es-gibt-jedoch-noch-viel-zu-tun/" target="_blank">https://www.sysbus.eu/digitale-unternehmen-sind-nach-dem-lockdown-flexibler-aufgestellt-als-zuvor-es-gibt-jedoch-noch-viel-zu-tun/</a> <a href="#fnref:6" class="footnote-back-ref">↩</a></p></li> <li id="fn:7"><p>Jochen Wießler (10 April 2023). "Digital businesses are more flexible post-lockdown than before, but there's still a lot of work to be done". Sysbus. Retrieved 10 April 2023. <a href="https://www.sysbus.eu/digitale-unternehmen-sind-nach-dem-lockdown-flexibler-aufgestellt-als-zuvor-es-gibt-jedoch-noch-viel-zu-tun/" target="_blank">https://www.sysbus.eu/digitale-unternehmen-sind-nach-dem-lockdown-flexibler-aufgestellt-als-zuvor-es-gibt-jedoch-noch-viel-zu-tun/</a> <a href="#fnref:7" class="footnote-back-ref">↩</a></p></li> <li id="fn:8"><p>"Unit4 Announces General Availability of App Studio". Emerce. 25 April 2023. Retrieved 25 April 2023. <a href="https://www.emerce.nl/wire/unit4-kondigt-algemene-beschikbaarheid-app-studio" target="_blank">https://www.emerce.nl/wire/unit4-kondigt-algemene-beschikbaarheid-app-studio</a> <a href="#fnref:8" class="footnote-back-ref">↩</a></p></li> <li id="fn:9"><p>Phil Wainewright (31 July 2023). "Unit4 CEO Mike Ettling on enterprise resilience, ChatGPT, and the BRICS effect". diginomica. <a href="https://diginomica.com/unit4-ceo-mike-ettling-enterprise-resilience-chatgpt-brics-effect" target="_blank">https://diginomica.com/unit4-ceo-mike-ettling-enterprise-resilience-chatgpt-brics-effect</a> <a href="#fnref:9" class="footnote-back-ref">↩</a></p></li> <li id="fn:10"><p>Mike Ettling (28 June 2023). "Intelligent Transformation In A Multipolar World: Why Organizational Resilience Is Critical". Forbes. <a href="https://www.forbes.com/sites/forbestechcouncil/2023/06/28/intelligent-transformation-in-a-multipolar-world-why-organizational-resilience-is-critical/?ref=upstract.com&sh=3d1fc8b0463b&sh=a7d456c463b8" target="_blank">https://www.forbes.com/sites/forbestechcouncil/2023/06/28/intelligent-transformation-in-a-multipolar-world-why-organizational-resilience-is-critical/?ref=upstract.com&sh=3d1fc8b0463b&sh=a7d456c463b8</a> <a href="#fnref:10" class="footnote-back-ref">↩</a></p></li> <li id="fn:11"><p>Sara Portell (20 October 2023). "Full automation: a vision of the future". ERP Today. <a href="https://erp.today/full-automation-and-ai-tools-a-vision-of-the-future/" target="_blank">https://erp.today/full-automation-and-ai-tools-a-vision-of-the-future/</a> <a href="#fnref:11" class="footnote-back-ref">↩</a></p></li> <li id="fn:12"><p>Claus Jepsen (26 October 2023). "Is It Time To Reconsider Your PaaS Usage?". Forbes. <a href="https://www.forbes.com/sites/forbestechcouncil/2023/10/26/is-it-time-to-reconsider-your-paas-usage/?sh=1b403eb12f5a" target="_blank">https://www.forbes.com/sites/forbestechcouncil/2023/10/26/is-it-time-to-reconsider-your-paas-usage/?sh=1b403eb12f5a</a> <a href="#fnref:12" class="footnote-back-ref">↩</a></p></li> <li id="fn:13"><p>Phil Wainewright (10 November 2023). "Unit4 rolls out packaged services to help its on-premise customers go cloud in the next 2-3 years". diginomica. <a href="https://diginomica.com/unit4-rolls-out-packaged-services-help-its-premise-customers-go-cloud-next-2-3-years" target="_blank">https://diginomica.com/unit4-rolls-out-packaged-services-help-its-premise-customers-go-cloud-next-2-3-years</a> <a href="#fnref:13" class="footnote-back-ref">↩</a></p></li> <li id="fn:14"><p>https://www.unit4.com/products/financial-management-software <a href="https://www.unit4.com/products/financial-management-software" target="_blank">https://www.unit4.com/products/financial-management-software</a> <a href="#fnref:14" class="footnote-back-ref">↩</a></p></li> </ol>