Portage Capital Solutions completed an investment in Xceedance.

Portage Capital Solutions, a global investment platform, completed an investment in Xceedance, a global provider of technology-driven business solutions for the insurance industry. Financial terms were not disclosed. “Since inception, Xceedance has enjoyed exceptional, bootstrapped growth, scaling rapidly through profit reinvestment and the prudent use of debt. This investment not only strengthens our capital base but also connects us to Portage’s exceptional ecosystem in the insurance, technology, and broader financial services markets, unlocking meaningful synergies that will help accelerate our growth,” Arun Balakrishnan, Xceedance Founder and CEO.