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Silver Lake Sumeru-Led Group Buys Velocity
August 10, 2012
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Silver Lake Sumeru
-led investor group and company management have completed their acquisition of
Velocity Technology Solutions
from a group that includes
Spire Capital Partners
and
Tudor Ventures
. Co-investing alongside Silver Lake Sumeru were
Partners Group
and
Northleaf Capital Partners
. Velocity provides cloud solutions for enterprise resource planning applications.
Velocity Technology Solutions
Systems and Information Management
New York, NY
Buyout
Provider of cloud solutions for ERP applications
View details
Investors
Silver Lake Sumeru
(lead)
Northleaf Capital Partners
Partners Group
Sellers
Spire Capital Partners
Tudor Ventures
Lenders
BMO Capital Markets
GE Capital
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Tags:
Private Equity,
Venture Capital
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