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Announced

PSG completed a $65m investment in Adeptia.

Financials

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Transaction Value£52m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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software services

Friendly

Acquisition

Private Equity

Private

Completed

Domestic

Software

Single Bidder

United States

Minority

Synopsis

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Providence Strategic Growth, a private equity firm, completed a $65m investment in Adeptia, a software services provider. “We believe Adeptia sits near the epicenter of the massive shift underway in the B2B integration space. In our view, the Adeptia team has built an incredible business, and now with Vance at the helm, we believe the company is uniquely positioned to own the intersection of AI, self-service and B2B data integration. We are looking forward to partnering with Vance and the team in this new chapter," Bill Skarinka, PSG Managing Director.

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