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Announced

Completed

Serent Capital completed the acquisition of a minority stake in First Due.

Synopsis

Serent Capital, a lower-middle market private equity, completed the acquisition of a minority stake in First Due, a fire department management solution. Financial terms were not disclosed. "The need for further innovation and better technology at state & local governments provides a unique opportunity for innovative companies like First Due to drive meaningful impact in our communities. Based on our work in the fire and EMS market and Govtech more broadly, it became clear that Andreas, Rami, and the First Due Team have created a best-in-class solution for this market. We are excited to partner alongside them and help First Due scale," Stewart Lynn, Serent Capital Partner.

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