Diversis Capital Acquires Infotech

July 17, 2024

Diversis Capital Management, a Los Angeles-based private equity firm, has acquired Infotech, a Gainesville, Florida-based SaaS provider of infrastructure construction and bidding solutions. Diversis plans to invest in product innovation and scale Infotech's offerings — which include Appia, Bid Express and AASHTOWare Project services — while Infotech's CEO Will McClave will remain in place.

Buyers
Diversis Capital Management, LP
Targets
Infotech (Info Tech Operating LLC / DBA Infotech)
Industry
Cloud & SaaS
Location
Florida, United States
Transaction Type
Buyout

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