SEG Client, Lucernex, Receives Investment from HCAP Partners
SAN DIEGO, CA - June 21, 2016 - Software Equity Group (SEG) announces its client, Lucernex, a leading provider of cloud-based integrated workplace management systems (IWMS) and store lifecycle management (SLM) solutions, has received an investment from HCAP Partners. SEG served as exclusive advisor to Lucernex.
“We are very excited to work with HCAP Partners as we enter the next stage of our rapid growth. The additional investment will allow us to meet the ever increasing demand for our cloud based Analytics, Market Planning, Site Selection, Contract Management, Project Management and Facility Management solutions.” stated Joe Valeri, CEO of Lucernex. “Some of the world’s best companies continue to select us because of our commitment to their success and the value that our solutions bring. We are humbled by their trust in our team.”
Lucernex solutions are used by over 150 of the world’s leading brands to find the best possible real estate locations, negotiate favorable leases, get their locations opened as soon as possible, ensure they are not paying landlords one dollar more than they are obligated and to maintain a consistent customer experience after they are operating. The Lucernex solutions are available on a single cloud-based platform which increases time to value and eliminates the need for expensive, time-consuming IT upgrades every few years.
HCAP Partners managing partner Tim Bubnack commented, “We look forward to working with the Lucernex leadership team to help them continue their impressive growth. We quickly recognized the unique value that Lucernex brings to its customers and the growing demand for its solutions across the globe. The investment will help Lucernex continue to add new customers to its already impressive customer list and continue their award-winning support of existing customers.”
About Software Equity Group
Software Equity Group (SEG) provides unparalleled M&A advisory services for emerging and established software companies. For more than twenty years, SEG has worked alongside its software industry clients to drive extraordinary outcomes for the client’s shareholders, employees and customers. Over this time period, SEG has managed hundreds of sell-side M&A transactions, representing billions of dollars of aggregate transaction value. SEG’s unwavering commitment to the software industry equates to unmatched expertise across software industry product categories, delivery models, technology and end market verticals; and unrivaled access to key decision makers among strategic and private equity buyers.