Announced
Completed
Financials
Tags
Completed
Friendly
Majority
Acquisition
Single Bidder
Private
Domestic
software developer
United States
Software
Private Equity
Synopsis
Long Ridge Equity Partners, a private equity firm, completed the acquisition of a majority stake in Acqueon Technologies, a customer engagement software developer, from Everstone Capital, a private equity firm. Financial terms were not disclosed. "We are thrilled to partner with Long Ridge as we enter our next phase of growth. We are incredibly proud of the world-class business Acqueon has become over the past several years and see tremendous opportunity ahead. With a focus on innovation, customer service, and partnership, we have been able to respond to evolving consumer demands and rapidly scale our client base. We look forward to working with Long Ridge and continuing to be the leader in proactive, trusted, and intelligent customer engagement technology," Ashish Koul, Acqueon CEO.
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