Roynat partners with Legado in buy of Kivuto Solutions
Canadian private investment firm Legado Capital has acquired Kivuto Solutions Inc, an Ottawa-based provider of academic software, e-texts and other digital resources. No financial terms were disclosed for the deal, which saw Legado partner with a group of investors led by Canadian private equity firm Roynat Equity Partners. Founded in 1997 by Ram Raju to simplify software management and distribution in the higher education sector, Kivuto today distributes its solutions to users in over 195 countries. Legado Managing Partner Carlos Meza said his firm, Roynat and the other partners will support Kivuto's continued global growth.


