Audax-backed Kofile buys SeamlessDocs

Kofile, which is backed by Audax Private Equity, has acquired SeamlessDocs, a provider of a SaaS-based software platform.

Kofile, which is backed by Audax Private Equity, has acquired SeamlessDocs, a provider of a SaaS-based software platform. No financial terms were disclosed.

PRESS RELEASE

Audax Private Equity portfolio company, Kofile, acquires SeamlessDocs

The Company
SeamlessDocs provides a SaaS based software platform that digitizes and automates traditionally paper-based and manual government processes such as form and application filings, permitting, licensing, and vendor management.

The Deal
Kofile, a portfolio company of Audax Private Equity (“Audax”) has completed the acquisition of SeamlessDocs, representing the company’s first acquisition under Audax ownership.

The Thesis
In January 2020, Audax partnered with management to acquire Kofile, a provider of services and software which digitize government operations and modernizes citizen engagement solutions. The acquisition of SeamlessDocs adds customizable applications, workflows, and integrations which expand the suite of digital services offered and extends capabilities to new departments (ie. Transit, Public Works) and new government offices such as cities and municipalities.