Concentric Equity-backed Blue Horizon Software completed the acquisition of a majority in Nirvana Financial Solutions.

Concentric Equity-backed Blue Horizon Software, a SaaS platform focused on acquiring and operating high-quality and customer-focused software businesses, completed the acquisition of a majority in Nirvana Financial Solutions, a financial technology and service provider. Financial terms were not disclosed. "We’re excited about our partnership with Blue Horizon. They have a long-term investment strategy and an impressive group of former software executives that will mentor and support the existing Nirvana team. The capital injection will allow us to invest in sales & marketing, be more competitive, and accelerate our investment in technology, services, and people. My team and I will continue to work hard, strive to delight our customers and gain the industry’s trust," Shams Karim, Nirvana Founder and CEO.