Potentia exits Australia SaaS provider to UK strategic
Australia’s Potentia Capital has exited compliance software-as-a-service (SaaS) supplier CompliSpace to UK-based Ideagen for about A$110 million ($81 million) after a less-than-two-year hold.
Ideagen will provide A$105 million upfront plus a deferred conditional earnout payment of up to A$5 million. Potential acquired the company in January 2020 for an undisclosed sum. The private equity firm...
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