Providence Equity Partners invested in Spain-based MAPAL Software.

Providence Strategic Growth, the growth equity affiliate of Providence Equity Partners, invested in Spain-based MAPAL Software, a leading developer and supplier of management and business analytics software for the restaurant and retail sectors. Financial terms were not disclosed. Jorge Lurueña, Founder and CEO of MAPAL, said: “We are a valued company in the restaurant sector due to our deep understanding of clients’ needs, the quality of service that our consultants provide and the profitability that our clients see once they implement GIRnet, our software solution. The whole team at MAPAL is excited for this new chapter in conjunction with PSG – a leading investment partner with broad experience in the software industry and a history of supporting companies in their international growth and development – as we consolidate our positioning in the restaurant market and provide clients with solutions that will help them fully automate the management of back office functions.”