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Announced

Macquarie Capital to invest in Procentrix.

Financials

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Transaction Value-
Consideration TypeCash
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Capital Bid For-
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Friendly

Software

software services

Single Bidder

Cross Border

Minority

Pending

Private Equity

Private

United States

Acquisition

Synopsis

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Macquarie Capital, an investment capital provider, agreed to invest in Procentrix, a developer of IT modernization software. Financial terms were not disclosed. “Partnering with Macquarie Capital, a premier principal investor with extensive capabilities will help us continue to drive the growth and success of the company while retaining the agility and entrepreneurial culture that our employees and customers have grown accustomed to for over 15 years. This partnership will help Procentrix significantly expand its capabilities, customer base and enable us to pursue new growth avenues," Mike Hughes, Procentrix President and CEO.

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