FLEX Capital completed the acquisition of a majority stake in PROXORA.

FLEX Capital, an independent private equity firm, completed the acquisition of a majority stake in PROXORA, a provider of compliance management software with intelligent solutions for effective compliance processes. Financial terms were not disclosed. “PROXORA is an outstanding success story of the German mid-market. As one of the first companies, PROXORA established professional compliance management solutions in the market. The team is characterized by extensive corporate compliance expertise and long-standing IT knowledge. This competence and reliability make PROXORA a valued partner for its customers, reflected in an impressive customer retention rate. The compliance market is exciting. Stricter regulations and new laws make professional compliance solutions relevant for more and more companies,” Christoph Jost, FLEX Capital Managing Partner.