.
MergerLinks Header Logo

New Deal


Announced

Completed

Luminate Capital completed the investment in Growth Street-backed Suralink.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Friendly

Completed

Software

software development

workforce solutions

United States

Acquisition

Private Equity

Single Bidder

Minority

Private

Domestic

Synopsis

Edit

Luminate Capital, a private equity firm, completed the investment in Growth Street-backed Suralink, a developer of a workflow engagement platform. Financial terms were not disclosed. "This is an important milestone for us as a company. We have always believed in the value our products provide to our customers and industry and have a vision for a broader platform as we continue to scale. We chose to partner with the Luminate team because we felt they shared in that vision for the future. With this investment, Luminate's history of successfully scaling SaaS companies, and our team's deep domain knowledge, we are poised for even greater success in the coming years. We could not be more excited about what's ahead for us, for our customers, and for our industry," Tim Ballantyne, Suralink Founder and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US