TELEO Capital Acquires SOFTRAX from TELUS Corporation
February 27, 2025
TELEO Capital Management has acquired SOFTRAX, a Boise-based provider of cloud revenue management and billing software, from TELUS Corporation. TELEO says the investment will accelerate product innovation, integrate advanced analytics/AI capabilities, and support organic and strategic growth initiatives for SOFTRAX.
- Buyers
- TELEO Capital Management, LLC
- Targets
- SOFTRAX
- Sellers
- TELUS Corporation
- Industry
- Cloud & SaaS
- Location
- Idaho, United States
- Transaction Type
- Buyout
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