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Arcadea Group Announces Completion of US $243.5 Million Capital Raise
Arcadea Group Announces Completion of US $243.5 Million Capital Raise
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TORONTO & ORLANDO, Fla.--(BUSINESS WIRE)--Arcadea Group (the "Company") confirms the completion of a US $243,500,000 capital raise. This raise, supported pro rata by Arcadea's existing investors, increases Arcadea’s permanently committed capital to US $500,000,000.
This new capital enables Arcadea to accelerate investing in and acquiring high-growth, high-quality Vertical SaaS (VSaaS) companies. Arcadea offers preeminent VSaaS businesses a permanent, growth-oriented home, distinct from short-term Private Equity and Growth Equity buyers, as well as value-oriented aggregators.
Contacts
Paul Yancich
yancich@arcadeagroup.com
www.arcadeagroup.com
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