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Synopsis
Siguler Guff, a global multi-strategy private markets investment firm, completed the acquisition of a majority stake in Solvd, a global technology consultancy and software engineering company. Financial terms were not disclosed. "Siguler Guff's investment is an important validator of the truly valuable experience our employees and management team have achieved for our clients. Siguler Guff's industry insights, strong relationships, and collaborative style make them an ideal partner. We are thrilled to be a core investment from their flagship growth fund and welcome Drew Guff and Shaun Khubchandani to our Board of Directors," Alex Khursevich, Solvd CEO.
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