Brightstar Capital Partners will remain minority investor in Likewize following the transactionLikewize was founded in 1997Based in San Francisco, Genstar targets the financial services, industrials, software, and healthcare industries
Genstar Capital has acquired its existing investment in Likewize, a Dallas-based provider of tech protection and support. No financial terms were disclosed.
This significant investment makes Genstar the majority investor in Likewize.
Brightstar Capital Partners will remain minority investor in Likewize following the transaction.
On the transaction, Ryan Clark, president and managing partner at Genstar, said in a statement, “We are thrilled to expand our partnership with Rod and the entire Likewize team, as well as Brightstar, as we’ve witnessed firsthand the company’s exceptional growth over the first 19 months of Genstar’s investment. This enhanced commitment to Likewize comes at a pivotal moment, delivering the support and capital for Likewize to continue delivering exceptional customer value and achieve its full growth potential.”
Likewize was founded in 1997.
Based in San Francisco, Genstar targets the financial services, industrials, software, and healthcare industries. Currently, Genstar has about $49 billion of assets under management.
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