Pfingsten Launches Ascend Platform with Investments in Rand Group and MicroAccounting
May 22, 2024
Pfingsten launched a new platform, AscendERP Solutions (Ascend), and invested in Rand Group Solutions, LLC and Maxerp, LLC dba MicroAccounting to create a diversified AI-enabled cloud ERP and CRM services platform. The transactions bring together Rand Group’s Microsoft and NetSuite expertise (Houston) and MicroAccounting’s Sage capabilities (Dallas) to expand implementation, managed services and recurring revenue offerings.
- Buyers
- Pfingsten
- Targets
- Rand Group Solutions, LLC, Maxerp, LLC dba MicroAccounting
- Platforms
- AscendERP Solutions (Ascend)
- Industry
- Cloud & SaaS
- Location
- Texas, United States
- Transaction Type
- Buyout
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