The company did not disclose the size of the investments.
In a news release on Wednesday, Jan. 15, MRI Software said the investment comes from funds managed by Harvest Partners LP, a private equity firm based in New York, which joins existing investors GI Partners of San Francisco and TA Associates of Boston as institutional shareholders in the company. Meanwhile, MRI said TA Associates is making “a significant new investment” in the business, terms of which also were not disclosed.
Click here to read the complete article.
Story excerpt provided by Crain’s Cleveland Business.
Written by Scott Suttell.
Originally published January 15, 2020.