Marlin Equity Partners' Changepoint acquires Daptiv
Changepoint, a Canadian software company recently bought by U.S. private equity firm Marlin Equity Partners, has acquired Daptiv Solutions LLC, a provider of pure SaaS-based PPM software. The seller in the transaction was U.S. private equity firm Parallax Capital Partners, which acquired the Seattle, Washington-based Daptiv in 2010. Financial terms on the latest deal were not disclosed. Toronto's Changepoint, which specializes in professional services automation and project portfolio management software, was bought by Marlin in January from Compuware Corp. Compuware paid US$100 million in 2004 for its acquisition of the previously venture-backed company.
22 August 2014•3 mins read
