Polaris Growth Fund Invests in TransACT Communications
February 21, 2020
TransACT Communications, a Lynnwood, Washington-based SaaS provider of parent engagement, compliance and payment solutions for K-12 and higher education, received a strategic growth investment from the Polaris Growth Fund (an affiliate of Polaris Partners). PGF partners Dan Lombard and Sabrina Chiasson McLaughry will join TransACT's board; the capital is intended to support product innovation, accelerate growth, and enable strategic acquisitions.
- Buyers
- Polaris Growth Fund, Polaris Partners
- Targets
- TransACT Communications, LLC
- Industry
- Education
- Location
- Washington, United States
- Transaction Type
- Growth capital
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