Announced
Completed
Financials
Sources
Tags
Minority
Single Bidder
Private Equity
Private
Acquisition
infrastructure software
Friendly
Software
United States
Completed
Domestic
Synopsis
Providence Strategic Growth, a middle-market software investor, completed the investment in Semarchy, a disruptive provider of master data management software. Financial terms were not disclosed. "Semarchy’s commitment to its customers and to the market has always been about agility, excellence, and innovation. With PSG, we have found a trusted partner that allows us to drastically improve our growth trajectory while accelerating investment in our product capabilities and in the support of our clients. The Intelligent Data Hub vision developed by Semarchy will benefit from the significant capital and operational expertise of PSG,” Salah Kamel, Semarchy Founder & CEO.
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