Being Acquired
We're not your traditional acquirer of software businesses.
For over four decades, Nodum has been a trusted provider of enterprise resource planning (ERP) solutions in Latin America. The company specialises in developing its own ERP software, along with payroll management, warehouse management, and asset management solutions for medium and large enterprises across the region.
Nodum has built a strong reputation for its deep-rooted company culture, long-standing team, and customer-centric approach, making it one of the most respected software providers in its market. However, while its success was evident, the leadership team recognised the need for long-term sustainability and growth.
Despite its strong market position, Nodum faced common challenges experienced by independent software providers. Scaling operations while maintaining efficiency, implementing structured business metrics, and ensuring a sustainable future were all key considerations.
Although Nodum had received acquisition inquiries from several companies in the past, none aligned with its values and long-term vision. The leadership team had no intention of selling until Vesta approached them with a different proposition. Unlike other investment firms that focused solely on financial outcomes, our philosophy emphasised long-term growth, investment in people, and sustainable business development.
Vesta’s approach to acquisitions stood out in several ways:
Alignment with Nodum’s vision – Vesta’s commitment to ‘buy and hold forever’ strongly resonated with Nodum. It provided reassurance that the company would continue to operate and expand without losing its identity.
A supportive transition process – Throughout the acquisition, Vesta’s team emphasised open communication and empathy. Leadership figures, including Jerónimo Álvarez and Richard Clancy, played a key role in ensuring the transition was smooth, addressing concerns, and maintaining Nodum’s existing team structure.
Scalability without losing autonomy – Rather than imposing rigid operational changes, Vesta provided the necessary framework to improve business performance while allowing Nodum to retain control over its own strategic decisions.
As Nodum enters its second year under Vesta’s ownership, its leadership is focused on continued expansion and improvement. The company aims to strengthen its international presence, positioning itself as “the most international company among the national ones and the most national among the international ones.”
With new resources and expertise at its disposal, Nodum is poised to push the boundaries of growth, innovation, and operational efficiency.
At the same time, its leadership remains committed to preserving the company’s core identity, ensuring that its original mission and values remain central to its future success.
The first year under Vesta has exceeded expectations, demonstrating that the right acquisition can lead to transformation without sacrificing what makes a company unique.
My experience with Vesta so far has truly exceeded my expectations. We’ve made changes where we needed to, while preserving what matters most. Our culture, team, and purpose remain strong, but we’ve also seen radical and positive improvements in how we organize and measure success. The future is bright, and we’re just getting started.
