Brentwood Associates Makes Significant Investment in Service Management Group (SMG)
October 27, 2021
Brentwood Associates has made a significant growth-oriented investment in Service Management Group (SMG) to accelerate product innovation, expand the company's market presence, and support its software-with-a-service (SwaS) model. As part of the transaction SMG appointed Davin Cushman as CEO and founder Andy Fromm transitioned to a passive investor role.
- Buyers
- Brentwood Associates
- Targets
- Service Management Group (SMG)
- Industry
- Cloud & SaaS
- Location
- Missouri, United States
- Transaction Type
- Growth capital
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