Arcadea Group Takes Majority Stake in Flight Vector
August 16, 2023
Arcadea Group, a long-hold, growth-oriented SaaS investor, has made a majority strategic growth investment in Flight Vector, a provider of dispatch, fleet and operations software for air and ground transport customers. The deal will support accelerated product development, expanded services and international growth while Flight Vector’s founder and CEO, Scot Cromer, remains in place with a meaningful equity stake.
- Buyers
- Arcadea Group
- Targets
- Flight Vector
- Industry
- Cloud & SaaS
- Location
- Nevada, United States
- Transaction Type
- Buyout
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