Private equity firm TA Associates is to make a strategic growth investment in SER, a global Intelligent Content Automation (ICA) software vendor in the Enterprise Content Management (ECM) market, replacing Carlyle as the company’s lead investor.
The transaction, which is subject to customary regulatory approvals, will see Carlye continue as minority shareholder having first invested in the company in 2018.
Since its founding in 1984, SER has expanded from a primarily DACH-focused ECM solutions provider into new markets including the US, UK, continental Europe, and the Middle East, through organic investment and M&A.
Today, SER has over 600 employees across 20 offices in 11 countries. The Company’s flagship product, Doxis ICA (Doxis), combines traditional ECM capabilities with AI-enabled services that are designed to bridge and automate content across apps and multiple vendor ecosystems like SAP, Salesforce, Microsoft and more.
Read more: Private Equity Wire
Can’t stop reading? Read more
Ares raises $5.4bn for US and Europe real estate strategies as recovery drives demand
Ares raises $5.4bn for US and Europe real estate strategies as recovery drives demand Ares has...
Blue Owl caps fund withdrawals as private credit demand recalibrates amid market volatility
Blue Owl caps fund withdrawals as private credit demand recalibrates amid market volatility Blue...
Sycamore targets $4bn profit at Walgreens following $10bn buyout
Sycamore targets $4bn profit at Walgreens following $10bn buyout Sycamore Partners is targeting a...