Advent International and TA Associates Make Growth Investment in Conservice

March 16, 2020

Advent International has made a significant strategic growth investment in Conservice, joining existing investor TA Associates as an institutional shareholder. The capital will support Conservice's product and geographic expansion, continued M&A activity, and ongoing development of its utility management and billing platform while management (including founder David Jenkins) remains an investor.

Buyers
Advent International, TA Associates
Targets
Conservice
Industry
Cloud & SaaS
Location
Utah, United States
Transaction Type
Growth capital

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