ESW Capital invests $83.2 mln in software company Redknee
ESW Capital, a U.S. private equity firm, has acquired preferred shares and a warrant in Redknee Solutions Inc (TSX: RKN), a Toronto provider of software products and services to the telecommunications industry. The private placement will generates gross proceeds of US$83.2 million. Founded in 1999, Redknee reports having 250 service-provider customers in more than 90 countries. It is led by President and CEO Lucas Skoczkowski. Austin, Texas-based ESW focuses on investing in mature business software companies.
26 January 2017•3 mins read
