Silversmith Capital invests $96 mln in growth of PDFTron Systems
PDFTron Systems, a Vancouver-based document processing technology company, has secured a $96 million (US$71 million) investment from U.S. growth equity firm Silversmith Capital Partners. Debt financing was provided by THL Credit. Founded in 1998 and led by CEO Catherine Andersz, PDFTron provides a software development kit that enables document processing, conversion and collaboration by enterprise customers in a range of industries. The company reports more than doubling its workforce since the start of 2018. PDFTron said the partnership with Silversmith, its first with an institutional investor, will support accelerated R&D as well as acquisitions in North America and Europe.
16 May 2019•4 mins read
