Primus Capital Invests in Prendio and BioProcure
October 18, 2023
Primus Capital has made a growth equity investment in Prendio and sister company BioProcure to support organic growth, expansion into additional life-sciences markets, and continued product and service innovation. The investment will back Prendio's cloud-based eProcurement SaaS and BioProcure's procure-to-pay support services for biotech customers; Aeris Partners served as exclusive financial advisor to the sellers and law firms Latham & Watkins and Goodwin Proctor served as legal advisors.
- Buyers
- Primus Capital
- Targets
- Prendio, BioProcure
- Industry
- Cloud & SaaS
- Location
- Massachusetts, United States
- Transaction Type
- Growth capital
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