Announced
Completed
Financials
Tags
Software
software development
United States
Majority
Private Equity
Completed
Acquisition
Private
Friendly
Single Bidder
Cross Border
Synopsis
Tenzing Private Equity, a private equity firm, completed the acquisition of Webexpenses, an expense software provider. Financial terms were not disclosed. "This is a hugely exciting time for the business, I am filled with gratitude for the incredible team that has brought us to this point. This is a testament to the hard work, dedication, and innovation that defines our company. Joining forces with Tenzing opens up new horizons and opportunities for growth. I believe this acquisition is not just a milestone but a stepping stone towards even greater success for our Clients and Partners. Our shared vision and combined strengths will undoubtedly propel us to new heights, and I am eager to see the remarkable achievements that lie ahead," Andrew May, Webexpenses Managing Director.
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