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New Deal


Announced

Completed

TZP Group completed a minority investment in Evergent Technologies.

Financials

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Transaction Value-
Consideration TypeCash
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Capital Bid For-
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Completed

Acquisition

Friendly

India

Single Bidder

Private Equity

software development

Minority

Software

Private

Cross Border

Synopsis

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TZP Group, a capital market company, completed a minority investment in Evergent Technologies, a provider of revenue and customer lifecycle management solutions. Financial terms were not disclosed. "Evergent’s experienced management team, strong value proposition, and culture focused on customer success and strong product market fit, position the company well for continued growth and scale. Evergent has a market offering that creates innovative and flexible monetization opportunities as service providers look to differentiate their consumer services. We are excited to be part of the Evergent journey and together, we look forward to complementing Evergent’s operations with enhanced focus on scale. We believe this will further strengthen Evergent as a market leader with continued success in launching digital services worldwide," Shamit Mehta, TZP Partner.

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