Announced
Completed
Financials
Tags
United States
Acquisition
Private Equity
Single Bidder
software development
Software
Majority
Private
Completed
Friendly
Domestic
Synopsis
Trive-backed Forward Slope, a technology services company, completed the acquisition of Soar Technology, a software developer. Financial terms were not disclosed. "Through our 15-year history of partnering with Forward Slope to solve customer challenges, we have developed a deep understanding and appreciation of their complementary expertise in developing software solutions. The combined set of capabilities, talented teams and cultural alignment gave us conviction that a partnership with Forward Slope was an ideal next chapter for SoarTech. We believe that joining forces with Forward Slope will accelerate opportunities for SoarTech and allow us to solve complex DOD challenges in an agile way," Mike van Lent, SoarTech CEO.
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