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Firmament Acquires Controltec And Copa To Form National Leader In Childcare Management Software

PRIVATEOct 26, 2021

Acquiring Company

Firmament

Acquired Company

Controltec

SoftwareHealth CareSoftwareData And Analytics

Description

Firmament, a leading provider of tailored capital solutions to small- and medium-sized enterprises (SMEs), announced today its investment in Controltec, Inc., provider of childcare subsidy management software to state governments and local childcare agencies, and COPA, a provider of data management solutions for early childhood education programs such as Head Start. By combining the two companies under the Controltec name, Firmament has created the national leader in the publicly funded childcare sector.

Quick answer

Firmament is acquiring Controltec and COPA, announced October 26, 2021.

How much did Firmament pay for Controltec?
The deal value was not disclosed.
What does Firmament do?
Firmament (www.thefirmamentgroup.com) provides tailored equity and debt capital solutions to small and medium-sized enterprises.

Source: Fundz verified event record.

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Company Information

Company

Firmament

About

Firmament (www.thefirmamentgroup.com) provides tailored equity and debt capital solutions to small and medium-sized enterprises. Firmament is a value-added partner to entrepreneurs, management teams and business owners and curates solutions by deploying versatile capital in a user-friendly way. Firmament concentrates on software and services businesses with significant scaling potential in the healthcare, logistics, wellness and environmental sectors. With offices across the United States and in the United Kingdom, Firmament is focused on turning small business into big business. CONTACT: Allie Reitman, media@thefirmamentgroup.com 1 U.S. Department of the Treasury, "The Economics of Child Care Supply in the United States", September 2021. SOURCE The Firmament Group

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Frequently asked

Who acquired Controltec?

Controltec was acquired by Firmament. The deal was reported on October 26, 2021. Firmament (www.thefirmamentgroup.com) provides tailored equity and debt capital solutions to small and medium-sized enterprises. Firmament is privately held.

When did Firmament acquire Controltec?

Firmament's acquisition of Controltec was reported on October 26, 2021. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Controltec do?

Controltec (www.controltec.com) provides subsidy management solutions for childcare providers and agencies throughout the United States. It is privately held, operating in Software.

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