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Pender Growth Fund Acquires One45 Software
Cytiva Software has divested its wholly owned subsidiary, One45 Software, Inc., to Pender Growth Fund.
Jason Moreau
,
CEO
When it was an opportune time to sell our company, I wanted the guidance of M&A experts who specialized in software. We interviewed five firms and selected Software Equity Group because they understood both my business and exit objectives instantly and knew precisely how to best present our value proposition to strategic buyers. SEG then found us the ideal acquisition partner, negotiated the most favorable deal for both parties, and provided superior guidance to our board and executive team through every step of the transaction. I’d engage them again without any hesitation."
- Jason Moreau, Former CEO, One45 Software
SEG served as exclusive advisor to Cytiva Software (One45)
Client Description
The company
One45 Software’s SaaS solutions automate scheduling, evaluation and reporting for undergraduate and graduate healthcare education programs.
Headquarters
Vancouver, Canada
Buyer Description
The company
PenderFund Capital Management is a private equity and venture capital firm.
Headquarters
Vancouver, Canada
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PRESS RELEASE OVERVIEW
Software Equity Group’s Client, Cytiva Software, divests One45 Software
San Diego, CA, 11/22/2010 – Software Equity Group today announced its client Cytiva Software (TSXV:CRX), a best of breed provider of workforce recruiting and talent management applications , has divested its wholly owned subsidiary, One45 Software, Inc., to Pender Growth Fund, Inc. One45 Software’s SaaS solutions automate scheduling, evaluation and reporting for undergraduate and graduate healthcare education programs.