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New Deal


Announced

Resurgens Technology Partners to invest in Knack.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
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EV/EBITDA-
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Domestic

United States

Acquisition

Minority

software development

Private Equity

Private

Software

Pending

Single Bidder

Friendly

Synopsis

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Resurgens Technology Partners, a private equity firm, agreed to invest in Knack, a no-code software development platform. Financial terms were not disclosed. “Proliferation of software across all verticals is undeniable. No-code platforms such as Knack continue to remove barriers to creating powerful applications that address specific business objectives in a cost-effective manner, evident by over 65k applications built on Knack. The team is looking forward to playing a meaningful role in Knack’s growth and continuing to empower its users to build applications, manage data and grow their businesses more rapidly," Adi Filipovic, Resurgens Managing Director.

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