Venture-backed Medgate buys compliance manager regAction
Medgate Inc has acquired regAction Inc, an environmental compliance management software company based in Houston, Texas. No financial terms were disclosed. Toronto-based Medgate said the deal accelerates its market growth and roadmap for enterprise environmental, health and safety software solutions. Founded in 1985, Medgate secured an investment led by U.S. growth equity firm Norwest Venture Partners last March. Also participating in the round was Canadian growth equity firm Georgian Partners and BMO Financial Group. One of the objectives of the investment was to support the company's strategic acquisitions.
15 February 2017•3 mins read
