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Silversmith Capital Partners completed a $49m investment in Appfire.

Financials

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Transaction Value£38m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Acquisition

Single Bidder

Private

Completed

Minority

Software

Friendly

software development

Private Equity

Synopsis

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Private equity firm Silversmith Capital Partners completed a $49m investment in Appfire, a provider of apps for software development teams. "Silversmith is excited to partner with Appfire to help propel the company into its next stage of growth. Appfire’s leadership team has deep experience in developing apps at scale and a proven ability to welcome and grow acquired developer tools within its portfolio. As companies around the world continue to solve modern challenges with digital solutions, we believe Appfire is well positioned to play a crucial role in how software development teams work together now and in the future," Sri Rao, Silversmith Capital General Partner.

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