Georgian Partners leads Series B funding of PrecisionLender
Canadian growth equity firm Georgian Partners said it has led the Series B financing of PrecisionLender, a U.S. provider of SaaS solutions that help banks manage pricing, understand relationship profitability, and construct better credit portfolios. The undisclosed deal gave Georgian a minority interest. It is intended to help PrecisionLender build on its existing technology and develop its applied artificial intelligence and machine-learning capabilities, Georgian said. Charlotte, North Carolina-based PrecisionLender received a minority investment from the private equity group of Century Capital Management in 2014.
23 September 2016•3 mins read
