Ethos Capital Acquires Newforma
April 3, 2023
Boston-based private equity firm Ethos Capital has acquired Newforma, a Boston-headquartered provider of project information management (PIM) and BIM collaboration software for the architecture, engineering and construction (AECO) industry. The deal, in which Battery Ventures sold its stake, will support Newforma’s cloud migration and accelerated product development as the company expands its cloud-based collaboration platform.
- Buyers
- Ethos Capital LP
- Targets
- Newforma, Inc.
- Sellers
- Battery Ventures
- Industry
- Software
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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