Announced
Completed
Financials
Tags
Private
Completed
Productivity Software
Single Bidder
Software
Acquisition
business management software
Private Equity
Cross Border
Friendly
Minority
Canada
Synopsis
McCarthy Capital, a private equity firm, led a $46m investment in WellnessLiving, a developer of business management software designed to increase engagement, boost retention and scale businesses. "After meeting with dozens of exceptional institutional investors, we selected McCarthy Capital for their deep understanding of our space, alignment with our vision, and exemplary track record of supporting high growth companies. Chase Meyer and Thomas Sudyka of McCarthy Capital are valuable additions to our board. Additionally, I'm excited to announce that Brice Scheschuk, Managing Partner at Globalive Capital will also be joining as a board member and Dan Houghton, Buildertrend's CEO will be joining as a board advisor. We are particularly pleased that Mark Nashman of INcapital Ventures and Bobby Halpern of Halpern & Co. are also participating in the round, indicating their continued support and high confidence in our growth plan," Len Fridman, WellnessLiving Co-Founder and CEO.
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