Announced
Completed
Financials
Tags
Private Equity
software company
Software
Acquisition
Private
United States
Domestic
Friendly
Majority
Single Bidder
Completed
Synopsis
Trive-backed Forward Slope, a technology services company providing software and surveillance solutions to the defense industry, completed the acquisition of SoarTech, a software company. 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 Chief Executive Officer.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.