Announced
Synopsis
CGE, a private equity investment firm, and Five Arrows, a private equity manager, completed the acquisition of a majority stake in Intact, an audit, certification and standard management software provider, from IMCap Partners, an investment firm. Financial terms were not disclosed. "We are excited to welcome both CGE Partners and Five Arrows as investors in Intact. With their strong track records in driving growth and scaling innovative technology companies, we are confident this partnership will propel us forward. Together, we will continue to strengthen our capabilities, investing strategically in our product, service and international expansion, delivering even greater value to our clients, employees and stakeholders globally," Thomas Lorber, Intact Co-Founder and CEO.
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