CAI Software Acquires Radley Corporation with Follow-on Funding from Main Street Capital

January 5, 2021

CAI Software, LLC acquired Radley Corporation, a provider of EDI and data collection solutions, expanding CAI's ERP/MES/WMS and supply-chain software capabilities. Main Street Capital Corporation completed a $22.3 million follow-on investment (term debt plus equity) in CAI to support the acquisition and further growth of the platform.

Targets
Radley Corporation
Platforms
CAI Software, LLC
Industry
Software
Location
Michigan, United States
Transaction Type
Addon

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