Announced
Financials
Tags
Acquisition
mission-critical regulatory software
Friendly
Pending
Software
Germany
Single Bidder
Private
Private Equity
software development
Cross Border
Majority
Synopsis
Levine Leichtman Capital Partners, a global private equity firm, agreed to invest in cleversoft, a pan-European provider of mission-critical regulatory software solutions to the financial services industry. Financial terms were not disclosed. "We are thrilled to partner with Florian and his leadership team to support cleversoft as the Company continues to aggressively scale worldwide, both organically and through select acquisitions. As LLCP’s first platform investment in the DACH region since opening our Frankfurt office last year, this is a crucial moment in the continued development of our business in Europe," Matthias Tabbert, LLCP Head of DACH.
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