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Morgan Stanley (MS) Expansion Capital Reports Agreement to Sell DocuWare GmbH

July 8, 2019 8:32 AM EDT

Investment funds managed by Morgan Stanley Expansion Capital (Expansion Capital) today announced that they have entered into a definitive agreement to sell their interest in DocuWare GmbH (DocuWare), a leading global provider of content services software, to Ricoh (7752). Expansion Capital invested in Founder-backed Docuware in June 2012 in a transaction designed to accelerate Docuwares growth, recapitalize select holders and position the company for future growth. Headquartered in Germany and the United States, DocuWare provides cloud and on-premises document management and workflow automation software to over 12,000 customers in more than 90 countries.

DocuWare represented a unique opportunity for... More