Serent Capital-backed Next Gear closes buy of Luxor CRM

Next Gear Solutions, a portfolio company of U.S. private equity firm Serent Capital, has acquired Luxor CRM, a Toronto provider of a customer relationship management (CRM) solution for restoration contractors. No financial terms were disclosed. Oxford, Mississippi-based Next Gear, the maker of DASH, a restoration management software solution, said the deal brings a deluxe CRM into its product suite. Next Gear secured an investment from Serent in 2016. Founded in 2000, Luxor CRM was led by CEO Lukas Szczurowski. With the acquisition, he becomes vice president of sales at Next Gear.

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