Grenville exits 4tell Solutions investment via buyout transaction
Royalty financing firm Grenville Strategic Royalty Corp has bought out its investment in 4tell Solutions LP, a Toronto-based provider of performance governance software solutions and services for real estate and infrastructure organizations. Grenville, which invested in the company in late 2013, said it obtained an internal rate of return of about 42 percent and a 1.75 times cash on cash return. Earlier in November, 4tell announced it had secured an undisclosed growth investment from Rubicon Technology Partners, a U.S. investor in lower mid-market enterprise software businesses.
30 November 2015•2 mins read
