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New Deal


Announced

Completed

L Squared completed the investment in Foundant Technologies.

Financials

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Transaction Value-
Consideration TypeCash
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Capital Bid For-
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EV/EBITDA-
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Tags

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software

Software

United States

Acquisition

Single Bidder

Private Equity

Domestic

Private

Friendly

Minority

Completed

Synopsis

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L Squared, an investment firm, completed the investment in Foundant Technologies, a provider of mission-critical software solutions for the philanthropic sector. Financial terms were not disclosed. “We are thrilled to have L Squared Capital Partners as a strategic partner. Their expertise in scaling growth companies and deep understanding of our market will be invaluable as we continue to expand our platform and reach more organizations in need of our solutions,” Chris Dahl, Foundant CEO.

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