Gen II Fund Services Acquires Update Capital
March 14, 2022
Gen II Fund Services has acquired Update Capital, a Vancouver-based provider of cloud-based investment management technology for the real estate asset class. The acquisition brings Update Capital’s product and its co-founder Ran Kohavi (who will join Gen II as Chief Product Technology Officer) into Gen II to strengthen the firm’s technology capabilities for alternative asset managers.
- Buyers
- Gen II Fund Services
- Targets
- Update Capital
- Industry
- Software
- Location
- British Columbia, Canada
- Transaction Type
- Buyout
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