Arcadea Group Announces Completion of US $243.5 Million Capital Raise

July 23, 2024 2:00 PM EDT

TORONTO & ORLANDO, Fla.--(BUSINESS WIRE)-- Arcadea Group (the "Company") confirms the completion of a US $243,500,000 capital raise. This raise, supported pro rata by Arcadea's existing investors, increases Arcadea’s permanently committed capital to US $500,000,000.

This new capital enables Arcadea to accelerate investing in and acquiring high-growth, high-quality Vertical SaaS (VSaaS) companies. Arcadea offers preeminent VSaaS businesses a permanent, growth-oriented home, distinct from short-term Private Equity and Growth Equity buyers, as well as value-oriented aggregators.

Paul Yancich
[email protected]
www.arcadeagroup.com

Source: Arcadea Group



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