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Announced

Weatherford Capital CloudFactory completed the investment in CloudFactory.

Financials

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Transaction Value-
Consideration TypeCash
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Capital Bid For-
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United States

Friendly

business automation

Single Bidder

Business Process Outsourcing

Acquisition

Completed

Digital Services

Majority

Private Equity

Private

Synopsis

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Weatherford Capital, a family-owned private investment firm, completed an investment in CloudFactory, a managed workforce solutions company. Financial terms were not disclosed. "As a purpose-driven company, it is ideal to find growth investors who care deeply about people and who pursue meaningful relationships. Weatherford Capital is a strong partner who understands the strategic nature of our business, from the technology to the development of leaders to the global nature of CloudFactory. We are grateful for their support of our mission and look forward to working with them to help shape our future growth," Mark Sears, CloudFactory Founder, and CEO.

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