Five Points Capital Leads Recapitalization of GrammaTech
November 12, 2019
Five Points Capital, alongside co-investors Pleasant Bay Capital, Crescendo Capital and Capital Southwest Corporation and new CEO Mike Dager, completed a recapitalization of GrammaTech, a developer of software-assurance tools and application-security solutions. The transaction establishes a new leadership team (Mike Dager as CEO) and positions GrammaTech to expand in the growing application-security market serving government and commercial clients.
- Buyers
- Five Points Capital, Pleasant Bay Capital, Crescendo Capital, Capital Southwest Corporation, Mike Dager
- Targets
- GrammaTech, Inc.
- Industry
- Cybersecurity
- Location
- New York, United States
- Transaction Type
- Recapitalization
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