Announced
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Friendly
Software
Acquisition
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Minority
Private
digital transformation software
United States
Private Equity
Pending
Single Bidder
Synopsis
Capital Square Partners, a private equity investment firm, agreed to acquire a minority stake in Trianz, a technology platforms and services company, from New York Life Insurance, a life insurance company. Financial terms were not disclosed. “The impact of a company’s failure to transform on time is enormous on all its stakeholders—customers, partners, employees, leadership, and shareholders. Our ‘Digital Platforms Led’ model accelerates the reinvention of a company’s digital evolution and enables new value propositions which automatically propel it forward. Our ‘IP-Led’ model relies on zero-code, SaaS platforms to revolutionize the cloud, data, and employee journeys for companies from global to emerging enterprises across industries. These being hosted on AWS with Extrica,” Sri Manchala, Trianz CEO.
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