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Synopsis
M33 Growth, a venture capital firm, completed the acquisition of an 80% stake in SwiftComply, a provider of an all-in-one compliance management software solution for water facilities, for $40m. “M33 is proud to be working with SwiftComply to increase their capabilities and market presence through this investment. In just a few short years, Mick and the team have built a robust platform that we believe has proven to be a game-changer for addressing water and wastewater compliance needs. Their software has attracted a lot of interest, which in our view is demonstrative of the ubiquity of the need as well as reflective of the positive reception from its customer base," Brian Shortsleeve, M33 Growth Co-Founder and Managing Director.
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