Pamlico Capital completed the acquisition of a majority stake in Profisee from ParkerGale Capital.

Pamlico Capital, a private equity firm founded in 1988 that invests in growing middle market companies in North America, completed the acquisition of a majority stake in Profisee, a provider of next generation master data management software, from ParkerGale Capital, a small private equity firm that buys profitable technology companies. Financial terms were not disclosed. "Profisee’s ROI-driven, scalable MDM solution resonates with enterprises as they grapple with exponentially growing volumes of data, and we believe there is tremendous runway for ongoing adoption," Andrew Tindel, Pamlico Principal.