GI Partners buys Doxim majority stake from Strattam Capital
U.S. private equity firm GI Partners has acquired a majority stake in Doxim Inc, a Markham, Ontario-based provider of customer engagement software-as-a-service solutions to the financial services industry, from Strattam Capital. No financial terms were disclosed for the deal, which will see Doxim's management team, led by CEO Chris Rasmussen, continue to hold a significant interest. Rasmussen said the new partnership with GI will help Doxim "build the foundation for our next phase of growth." Founded in 2000, Doxim has more than 1,700 bank, credit union and wealth management clients. It was acquired by Strattam, a U.S. private equity firm, in 2014.
1 March 2018•4 mins read
