Announced
Financials
Tags
Software
Friendly
Private
Domestic
Single Bidder
Private Equity
Pending
Majority
software development
Acquisition
United States
wellness support software
Synopsis
GTCR, a private equity firm, agreed to acquire a stake in Lexipol, a provider of policy, training and wellness support software for first responders and public servants, from The Riverside Company, a global private equity firm focused on the smaller end of the middle market. Financial terms were not disclosed. "We have been fortunate to work with The Riverside Company, which has enabled Lexipol to grow exponentially over the last seven years. Now we look forward to building on this foundation with GTCR as we expand our offerings to best support public servants as they work to protect and enhance our communities," Chuck Corbin, Lexipol CEO.
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