Announced
Financials
Tags
Private
financial solutions
Friendly
software-as-a-service
Domestic
Pending
Private Equity
Minority
United States
Acquisition
Single Bidder
Software
Synopsis
New Heritage, a Boston-based private equity firm that specializes in providing growth capital to founder-owned businesses, agreed to invest in FMS Solutions, a software as a service company. Financial terms were not disclosed. "We chose to partner with New Heritage Capital because of their experience helping businesses grow and improve their service offerings while allowing us, the entrepreneurs behind FMS, to retain control of the operations," Robert Graybill, FMS President and CEO.
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