Announced
Completed
Financials
Sources
Tags
Completed
software-as-a-service
Private
Friendly
Acquisition
Private Equity
Software
Single Bidder
United States
Minority
Domestic
Synopsis
Private equity firm Summit Partners completed the investment in Syndigo, a provider of a software-as-a-service platform for product information management and syndication. Existing investor, The Jordan Company, a New York-based private investment firm, will co-invest alongside Summit. Financial terms were not disclosed. "We believe Syndigo offers one of the most advanced and scalable solutions in the industry. The company's software offers an end-to-end solution designed to support the delivery of complete and verified product content and address the needs of brands, retailers and the ever-increasing expectations of the consumers that they serve. We are thrilled to collaborate with the Syndigo management team and The Jordan Company in this next phase of growth," Peter Rottier, Summit Partners Managing Director.
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