SoftCo, the Dublin-headquartered software company, has been acquired in a deal that values the business at an estimated €100 million. Keensight Capital, a European growth buyout firm, has acquired the business after beating out other private equity firms in a process that began last year. Keensight acquired the business from co-founders Susan Spence and Jim Coffey. SoftCo has up to two million users worldwide and recurring revenues growing at 25 per cent per annum. The company is unlimited so it is not required to file financial accounts publicly. Clearwater International is believed to have advised on the sale of the…
Cancel at any time. Are you already a member? Log in here.
Want to continue reading?
Introductory offer: Sign up today and pay €200 for an annual membership, a saving of €50.