Announced
Completed
Financials
Tags
Majority
Private
Domestic
Completed
software company
Acquisition
Friendly
Single Bidder
it services
Software
United States
Private Equity
Synopsis
Encora, a global next-gen product engineering provider, completed the acquisition of Excellarate, a global technology solutions and services company, from Frontenac, a Chicago-based private equity firm. Financial terms were not disclosed. "Excellarate has a long history serving a wide range of fast-growing clients in HealthTech, FinTech and InsurTech and we are thrilled to welcome them to the Encora family. Nick Sharma and his team will provide valuable expertise and capabilities to strengthen our customer offerings and further our mission of becoming the leading global engineering solutions provider," Venu Raghavan, Encora Founder and CEO.
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