Quad-C Management to acquire Apps Associates from BV Investment Partners.

Quad-C Management, a private equity firm, agreed to acquire Apps Associates, an enterprise application services company with a customer-first focus, from BV Investment Partners, a sector-focused private equity firm. Financial terms were not disclosed. "BV was an instrumental partner, in helping to strategize and execute on a successful growth-oriented strategy and ultimately establish Apps for what it is today, a solidified leader in enterprise application services. The growth we've achieved and the market positioning and opportunity ahead, were recognized by Quad-C. All of us at Apps Associates are proud of what we've accomplished with BV and the foundation we've built together; and we're excited to embark on this next chapter of growth with Quad-C," Adrian King, Apps Associates Chief Executive Officer.