Announced
Completed
Financials
Sources
Tags
United States
software company
Single Bidder
Friendly
Completed
Domestic
Software
Acquisition
Majority
Private
Private Equity
Synopsis
Excellere Partners-backed Concord Technologies, a provider of secure document exchange and workflow automation solutions, completed the acquisition of Biscom, a software company. Financial terms were not disclosed. “Many of our customers have prioritized transitioning all mission-critical applications to the cloud. Our combination with Concord ensures we can continue to meet their needs—wherever they are in their cloud migration journey—with the same high standard of service and an unrelenting commitment to customers’ success. Bringing our industry-leading innovations under the same roof is an incredible opportunity for our combined customers and partners, and I know our employees are in great hands with Chris and the rest of the Concord team,” Dave Lucey, Biscom CEO.
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