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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