Sagard NewGen completed the acquisition of a majority stake in FuturMaster from Cathay Capital.

Sagard NewGen, a multi-strategy alternative asset manager, completed the acquisition of a majority stake in FuturMaster, a vendor of supply chain software solutions, from Cathay Capital, a private equity firm. Financial terms were not disclosed. "We are delighted to begin this new chapter with Sagard NewGen, which shares our ambition to become a global leader in Supply Chain Planning and Revenue Growth Management solutions. With the support of Sagard NewGen and Cathay Capital, and backed by a talented and committed team, we will accelerate our international expansion while continuing to offer our customers innovative solutions to transform their complexity into sustainable competitive advantage in a constantly changing world," Yacine Zeroual, FuturMaster CEO.