TA Associates-backed Revalize completed the acquisition of PROCAD from LEA Partners.

TA Associates-backed Revalize, a revenue operations software provider, completed the acquisition of PROCAD, a software vendor for the digitalization of product lifecycle management, from LEA Partners, a venture capital and private equity firm. Financial terms were not disclosed. “PROCAD has enjoyed an incredibly successful period during its partnership with LEA. In a comparatively short period of time, we have built one of the leading players in Europe and already tapped into the Asian and American markets. The strategic initiatives we have undertaken have proven to be very valuable, whilst the focused M&A activity has expanded our offering and market position," Gerhard Knoch, PROCAD CEO.