OpenGate Capital Invests in Annex Cloud

March 1, 2022

Los Angeles-based private equity firm OpenGate Capital made a strategic growth investment in Annex Cloud, a SaaS provider of customer loyalty and retention solutions. Terms were not disclosed; Annex Cloud will continue to be led by founder and CEO Al Lalani as the company looks to advance enterprise capabilities and expand its market presence.

Buyers
OpenGate Capital
Targets
Annex Cloud
Industry
Cloud & SaaS
Location
Virginia, United States
Transaction Type
Growth capital

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