Announced
Financials
Tags
Acquisition
Private Equity
Pending
Private
Venture Capital
Georgia
management software
Software
Cross Border
Friendly
Single Bidder
Majority
Synopsis
Greater Sum Ventures, a venture capital firm, agreed to invest in PSG Equity-backed Utility Associates, a developer of management software. Financial terms were not disclosed. “Utility is a respected leader in both software and hardware solutions for the law enforcement and first responders who keep our communities safe. The demand for advanced technology services is only growing as counties and municipalities increasingly require digital video documentation and accessible evidence storage. Utility’s differentiated service offerings bring world-class innovation to the intersection of data and public safety,” Ross Croley, GSV CEO and Founder.
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