Nicus Software Acquired By Spotlight Equity Partners

Nicus-Robert-Mischianti
Robert Mischianti , Partner

Client Description

The company

Nicus Software is a leading provider of end-to-end IT Financial Management (ITFM) and business analytics software.

The software

Nicus manages billions of dollars of IT spend from approximately 30 of the largest corporations and government agencies in the U.S.

Headquarters

Salem, Virginia

Investor Description

The company

Spotlight Equity Partners is a private equity firm focused on acquiring controlling interests in software and technology-enabled services companies.

Headquarters

San Francisco, CA

PRESS RELEASE OVERVIEW

SEG Client, Nicus Software, Acquired By Spotlight Equity Partners

SAN DIEGO, CA – Software Equity Group (SEG) announces its client, Nicus Software, a provider of end-to-end IT Financial Management (ITFM) and business analytics solutions, has been acquired by Spotlight Equity Partners. Nicus’ products enable CIOs and IT organizations to manage, budget, and allocate IT investments, optimizing the cost, quality, and business value of those investments. The Company offers M-PWR, a suite of SaaS applications that provides powerful visual modeling capabilities allowing users to intuitively build and manage the financial and operational models of their IT organization. SEG served as the exclusive advisor to Nicus Software.

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