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Highbar Partners Acquires Silkroad Technology

PRIVATESep 16, 2021

Acquiring Company

HighBar

Acquired Company

SilkRoad Technology

Menlo ParkFinancial ServicesSoftwareProfessional ServicesSoftware

Description

HighBar Partners ("HighBar"), a Menlo Park, CA-based private equity investor, today announced its acquisition of SilkRoad Technology (“SilkRoad”), a global software and cloud-based technology platform designed to increase employee satisfaction and productivity. In combination with the deal, HighBar Partners will provide additional growth equity financing to further develop SilkRoad’s industry-leading SaaS capabilities, elevate its technology stack and deliver new secure global business solutions that support digital and workforce transformation in this expanding market.

Other recent acquisitions in Financial Services and Professional Services

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Company Information

Company

HighBar

Location

Menlo Park, California, United States

About

HighBar Partners is a private investment firm that provides strategic growth capital to enterprise and infrastructure software companies, with a focus on long-term value creation. HighBar structures its investments to align all stakeholders, while working alongside management teams to develop a long-term strategy to unlock operational value. For more information, visit www.highbarpartners.com.

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Frequently asked

Who acquired SilkRoad Technology?

SilkRoad Technology was acquired by HighBar, based in Menlo Park. The deal was reported on September 16, 2021. HighBar Partners is a private investment firm that provides strategic growth capital to enterprise and infrastructure software companies, with a focus on long-term value creation. HighBar is privately held and operates in Financial Services.

When did HighBar acquire SilkRoad Technology?

HighBar's acquisition of SilkRoad Technology was reported on September 16, 2021. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does SilkRoad Technology do?

Since 2003, SilkRoad Technology's software and services platform has helped our clients attract, retain and align people to their business. Their solutions start with Global Client Services to provide strategic HR and business expertise. It is privately held, operating in Professional Services.

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