Announced
Completed
Financials
Tags
Single Bidder
Acquisition
Friendly
notification system
Private
Software
United States
Domestic
Completed
Private Equity
Majority
Synopsis
Providence Strategic Growth, a private equity firm, completed the acquisition of a majority stake in Singlewire Software, a developer of ip-based voice applications for emergency communication with mass notification capabilities. Financial terms were not disclosed. “With the global mass notification systems market projected to grow to $27.3bn by 2026, Singlewire has a tremendous opportunity to scale its innovative platform to safeguard more lives. Singlewire’s impressive solution is a clear result of their strong management team and we are thrilled to have the opportunity to partner with them as they continue to grow," Tom Reardon, PSG Managing Director.
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