IFM acquires Australia SaaS player Render Networks
IFM Investors has acquired a controlling interest in Render Networks, an Australia-founded and now US-headquartered software-as-a-service (SaaS) provider specialising in construction management.
IFM has committed equity of approximately AUD 40m (USD 27.5m) from its growth capital fund. Render’s founders and management retained minority stakes. The fund achieved a second close of AUD 380m at...
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