Astute Solutions, a CRM solutions provider, has received an undisclosed investment from Rubicon Technology Partners. Corum Group, a tech M&A advisory firm, advised Astute on the transaction.
Seattle, WA (PRWEB) July 10, 2014
Leading technology M&A advisory firm Corum Group announced that its client Astute Solutions (“Astute”), a provider of Customer Experience Management (“CEM”) SaaS solutions to global Fortune 1000 firms, has received a strategic investment from Rubicon Technology Partners (“Rubicon”), a private equity firm investing in enterprise software and technology-enabled services companies.
“We’re proud to have worked with the Astute team through this process,” said Corum Director Ed Ossie. “It was a competitive situation, but in the end Rubicon’s focus on operational value creation and extensive software industry experience helped make them the best partner for our client.”
“Corum managed a detailed process to identify the best partner to work with us to grow our business moving forward,” said Astute Founder and CEO Joe Sanda. “Rubicon is a partner that will accelerate Astute’s growth, and shares Astute’s commitment to its customers and continued focus on the development of market-leading CEM solutions.”
Astute’s innovative CEM solutions enable consumer-centric brands around the world to leverage the contact center as a strategic asset for customer engagement. Rubicon’s strategic investment will enable Astute to deliver more rapid innovation and to accelerate building-out Astute’s global infrastructure to better serve its international customer base.
Corum Group is the global leader in merger and acquisition services, specializing in serving sellers of software and information technology companies worldwide. With offices globally, Corum has completed over US $7 billion in software M&A transactions over the last 30 years, spanning six continents. Corum also educates the industry with its popular conferences and publishes the most widely distributed software M&A research. Corum’s M&A advisors are highly experienced former tech CEOs, who are supported by the industry’s leading researchers, writers and valuators. Corum also does much to educate the industry with its conferences and webinars and the industry’s most widely distributed software and IT M&A research.
Astute Solutions’ customer relationship management, knowledge management and social CRM solutions support the strategies of customer-centric companies around the world. Its award-winning technologies remove the operational barriers to service excellence, enabling consistent, accurate, and complete discovery and service experiences. Companies partner with Astute Solutions to improve enterprise processes, reduce costs, increase sales, and strengthen relationships. They earn the loyalty of empowered customers through differentiated service experiences and market-driven innovations. For more information visit http://www.astutesolutions.com.
About RUBICON Technology Partners
Rubicon Technology Partners is a private equity firm that invests in enterprise software and technology-enabled services companies with proven products and talented management teams. Rubicon is a value-added investor that helps companies drive growth by leveraging the firm’s operating experience and modular process framework. For more information, visit http://www.rubicontp.com.