Announced
Financials
Tags
software development
Acquisition
Friendly
Software
Pending
United States
Private Equity
Majority
Single Bidder
automation software
Private
Synopsis
Gemspring Capital, a middle-market private equity firm, agreed to invest in Cforia Software, a provider of order-to-cash automation software. Financial terms were not disclosed. "We are confident that Gemspring’s expertise, resources and capital will help Cforia accelerate growth and take the next step in its evolution. We look forward to leveraging these resources to expand our marketing and sales strategies and to continue developing and deploying product enhancements that serve our growing global customer base," Chris Caparon, Cforia CEO.
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