Announced
Completed
Synopsis
Peak Rock Capital, a private equity firm, completed the acquisition of Spatial Business Systems, a provider of computer programming services. Financial terms were not disclosed. "SBS represents an exciting opportunity to invest in a rapidly growing software platform within the highly attractive utilities and infrastructure vertical. Investment in utility infrastructure to modernize the power grid and enable more renewable energy sources is of critical importance and SBS' tools offer a best-in-class solution to facilitate efficient and effective design. We are thrilled to partner with SBS to accelerate the Company's growth and support further investments in the product offering as well as expansion into new applications and geographies," Jordan Campbell, Peak Rock Managing Director.
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