Rubicon Technology Partners completed an investment in Procede Software.

Rubicon Technology Partners, a private equity firm, completed an investment in Procede Software, a preeminent provider of enterprise-level dealer management systems and solutions for the commercial vehicle industry. Financial terms were not disclosed. "This investment marks a significant milestone for Procede. From the beginning, our philosophy has been to listen closely, invest deeply, and deliver meaningful value to our customers. Rubicon brings years of experience and expertise that will allow us to accelerate this mission – investing in our product suite, expanding integrations across the commercial vehicle ecosystem, and driving even greater innovation for our customers. We are incredibly proud of what our team has built and excited for what this partnership will help drive in our next chapter of growth," Larry Kettler, Procede Software CEO & Chairman.