Pfingsten Launches Ascend Platform with Investments in Rand Group and MicroAccounting

May 22, 2024

Pfingsten launched a new platform, AscendERP Solutions (Ascend), and invested in Rand Group Solutions, LLC and Maxerp, LLC dba MicroAccounting to create a diversified AI-enabled cloud ERP and CRM services platform. The transactions bring together Rand Group’s Microsoft and NetSuite expertise (Houston) and MicroAccounting’s Sage capabilities (Dallas) to expand implementation, managed services and recurring revenue offerings.

Buyers
Pfingsten
Targets
Rand Group Solutions, LLC, Maxerp, LLC dba MicroAccounting
Platforms
AscendERP Solutions (Ascend)
Industry
Cloud & SaaS
Location
Texas, United States
Transaction Type
Buyout

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