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Announced

Completed

Aquiline Capital and Level Equity completed the investment in DocuPhase.

Financials

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Transaction Value-
Consideration TypeCash
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EV/EBITDA-
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United States

finance process automation software

Acquisition

Majority

Completed

Private Equity

FinTech

Friendly

Single Bidder

Domestic

Private

Synopsis

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Aquiline Capital, a private investment specialist in financial services and related technologies, and Level Equity, a private investment firm focused on high growth software businesses, completed the investment in DocuPhase, a provider of accounting and finance process automation software. Financial terms were not disclosed. "This investment in DocuPhase marks a significant milestone in our company. The infusion of capital validates our product's strength and potential while empowering us to accelerate our growth and expand our reach. I'm genuinely excited for our employees and our customers; having the combined support of Aquiline and Level Equity is a game changer for DocuPhase. We are poised to continue innovating and delivering exceptional value to our customers and creating additional career growth opportunities for our employees," Dan Gaertner, DocuPhase CEO.

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