Primus Capital Recapitalizes Netchex (S&W Payroll Services / Netchex Online)

GrowthCurve Capital Acquires Netchex

June 7, 2023

Cloud & SaaS

GrowthCurve Capital, a private equity firm, has acquired Netchex, a cloud-based human capital management (HCM) and payroll software provider, from affiliates of Primus Capital. The investment will support Netchex’s AI and data analytics strategy, new product development, and expansion into new markets; financial terms were not disclosed.

Primus Capital Recapitalizes Rev.io

September 8, 2020

Cloud & SaaS

Primus Capital has made a growth equity recapitalization investment in Rev.io to support the SaaS billing and customer management platform's growth and scalability. The investment will help Rev.io accelerate product and operational scalability for communications, IoT, and other technology service providers.

Aquiline Capital Partners Invests in PrimePay

April 5, 2021

Staffing & HR

Aquiline Capital Partners has made a growth investment in PrimePay, a national payroll, human capital management (HCM), and benefits services provider. As part of the transaction PrimePay founder and CEO Bill Pellicano will move to Executive Board Chair, John LaMancuso will join as CEO, and Michael Pires will be promoted to President & COO to support the company's expansion across the HCM market.

Primus Capital Makes Growth Investment in Cayuse; Quad Partners Reinvests

August 27, 2020

Cloud & SaaS

Primus Capital led a major growth investment in Cayuse, the Portland-based market leader in cloud-native research administration software. Quad Partners and its affiliates reinvested alongside Primus to support Cayuse’s product innovation, platform expansion and continued strategic acquisitions; Macquarie Capital served as Cayuse’s financial advisor.

Primus Capital Makes Minority Investment in LiquidityBook

April 13, 2021

Cloud & SaaS

Primus Capital, a growth-oriented private equity firm, has made a minority growth investment in LiquidityBook to help the SaaS trading-platform provider scale its POEMS product, accelerate product development (including its proprietary FIX network LBX Connect), and support global expansion. The capital will fund enhancements to LiquidityBook’s LBX suite, new hires, and go-to-market expansion to serve a broader array of buy- and sell-side fund managers and financial institutions.

NexPhase Capital Invests in Selerix Systems

August 25, 2021

Cloud & SaaS

NexPhase Capital, an operationally-focused private equity firm, announced an investment in Selerix Systems, a cloud-based benefits administration and employee engagement software provider. The partnership will support Selerix's continued growth, product development and user experience enhancements while NexPhase principals join the company's board.