New Heritage Capital Invests in Stratus Technology Services
March 8, 2023
New Heritage Capital has made a growth investment in Stratus Technology Services through its Private IPO structure, allowing Stratus management to retain operating control while gaining capital to accelerate growth. The investment will support Stratus's expansion of delivery teams and capabilities—particularly cloud implementations and migrations—across its global technology services footprint, which includes strong expertise serving the P&C insurance market and Guidewire platform users.
- Buyers
- New Heritage Capital
- Targets
- Stratus Technology Services
- Industry
- IT Services
- Location
- New Jersey, United States
- Transaction Type
- Growth capital
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