Announced
Completed
Financials
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Tags
Software
Acquisition
Completed
software developer
Private
Friendly
Private Equity
Single Bidder
United States
Domestic
Majority
Synopsis
Mitratech, a provider of legal, compliance, and HR software, completed the acquisition of software developers Trakstar and Circa from Gauge Capital, a private equity firm. Financial terms were not disclosed. “Both Circa and Trakstar are perfect complements to the existing Mitratech platform, and champions of the markets where we see our HR portfolio expanding. Having the ability to intentionally source and recruit underrepresented individuals, as well as analyze and report on labor and compensation data, is critical in today's job market and fundamental to organization's retention strategies – and Circa is a standout in this regard. Layer in the deep workforce analytics, performance management, and learning and development offered by Trakstar, and organizations are now empowered with integrated technologies for optimizing the performance of organizations, teams, and individuals," Mike Williams, Mitratech CEO.
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