Announced
Financials
Tags
Ireland
Acquisition
Friendly
Domestic
Private
Private Equity
software development
Pending
Single Bidder
Majority
Software
Synopsis
Melior Equity Partners, an Irish private equity firm, agreed to invest in Salmon Software, a financial software business. Financial terms were not disclosed. "We are excited to partner with John and his team, who have successfully grown Salmon Software into a world-class provider of treasury management software systems through continued product innovation, customer engagement and market-leading organic growth. The global treasury management software system market is valued at €1bn and is forecast to grow strongly over the coming years. As a leading independent provider with strong reference customers, Salmon Software is ideally placed to meet this demand," Jonathan Cosgrave, Melior Equity Partners Co-Founder.
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