ION Investment Group Recapitalizes Broadway Technology
February 14, 2020
ION Investment Group has recapitalized Broadway Technology, acquiring a controlling stake alongside Long Ridge Equity Partners with continued investment from Broadway's founders. The transaction will provide capital to accelerate Broadway’s product roadmap—particularly workflow automation and cloud capabilities—and expands ION’s front-office offerings, complementing its recent FX capabilities.
- Buyers
- ION Investment Group, Long Ridge Equity Partners, Broadway founders
- Targets
- Broadway Technology
- Industry
- Software
- Location
- Texas, United States
- Transaction Type
- Recapitalization
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