Pollen Street Capital and DBAY Advisors completed the acquisition of Proactis Holdings for $106m.

Pollen Street Capital, a private equity firm, and DBAY Advisors, an asset management firm, completed the acquisition of Proactis Holdings, a software developer, for $99m. "We believe Proactis would strongly benefit from a return to private ownership with the support of a growth-focused shareholder, which would enable Proactis to accelerate its plans to capitalise on a clear market opportunity. Pollen Street Capital has strong heritage in supporting companies with the potential to be market leaders in the financial and business services sectors, and we are excited by the opportunity to work with Proactis and its team in achieving its ambitious goals," Matthew Potter, Pollen Street Capital Partner. On June 11, 2021, Proactis Holdings accepts a $106m offer from Pollen Street Capital and DBAY Advisors.