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New Deal


Announced

Completed

Firmament completed the investment in Scanco Software.

Financials

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

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software

Friendly

Private

Minority

Acquisition

United States

Software

Single Bidder

Completed

Domestic

Synopsis

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Firmament, a provider of structured equity capital solutions to small and medium-sized enterprises, completed the investment in Scanco Software, a provider of innovative software solutions for the manufacturing and distribution industries. Financial terms were not disclosed. "Scanco is committed to offering market-leading software and services that enable its small- to-medium-sized customers to optimize their operations. We are truly excited to support Scanco in its continued mission to be one of the leading technology providers in the warehouse and manufacturing automation industry. Through this transaction, Firmament is delighted to continue its investment activity in and support of the supply chain sector," Ted Wong, Firmament Principal.

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