IFSrevenue & acquisition
Enterprise Asset Management (EAM) SoftwareSwedenFounded 1983
IFS was acquired by EQT.
IFS develops and delivers enterprise software solutions such as ERP, EAM and Service Management.
- Customers
- 10K
IFS revenue
IFS' annual revenue was $810M in December 2023, its last figure before EQT bought it.
| As of | Revenue | Source |
|---|---|---|
| Dec 2023 | $810M | Company Website |
Who owns IFS
EQT owns IFS. The date and price of the deal are not on record.
IFS CEO, founders & employees
Mark Moffat founded IFS in 1983 and led it as CEO. IFS had 5,500 employees (August 2023, The Software Report).
- Mark MoffatFounder & CEO
All 5 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Aug 2023 | 5,500 | The Software Report |
| Dec 2020 | 128 | – |
| Jun 2020 | 132 | – |
| Dec 2019 | 172 | – |
| Dec 2018 | 174 | – |
IFS FAQ
What was IFS' revenue?
Before EQT bought it, IFS' annual revenue was $810M in December 2023, according to the company's website.
Who owns IFS?
EQT owns IFS.
How many employees does IFS have?
IFS had 5,500 employees in August 2023, according to The Software Report.
Who founded IFS?
Mark Moffat founded IFS in 1983.
Browse Enterprise Asset Management (EAM) Software
Categories
- All Enterprise Asset Management (EAM) Software companies, ranked
- Enterprise IT Management Software
- ERP Systems
- ETO ERP Software
- IT Service Management Tools
- Other Vertical Industry Software
- Professional Services Automation Software
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- Best IT Management Software
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How this page is sourced
2 from public sources. Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice.
Updated Nov 6, 2026Data disclaimerReport a correctionClaim this profileRun IFS? Join the podcast