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New Deal


Announced

Completed

Providence Strategic Growth completed an investment in Prodoscore.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Single Bidder

Private

Friendly

Private Equity

Completed

Acquisition

Domestic

Minority

software developer

Software

Synopsis

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Providence Strategic Growth, a private equity firm, completed an investment in Prodoscore, a software developer. Financial terms were not disclosed. “We continue to see escalating interest in solutions that help managers quickly understand and enhance employee productivity, as more and more businesses realize the power of data as a driver of company growth. The investment from PSG validates our long-term strategy, and we are eager to continue our partnership as we scale our business, further enhance our product offering and execute on our growth plan," Sam Naficy, Prodoscore CEO.

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