Docupace, a Holmdeal, NJ-based supplier of software program to streamline back-office operations of wealth administration enterprises and monetary advisors, obtained a strategic majority funding from Genstar Capital.
The quantity of the deal was not disclosed.
FTV Capital, which made a development funding within the firm in 2020, will stay a minority investor.
The funding empowers the following stage of development and innovation for Docupace’s software program platform targeted on digitizing wealth administration operations.
Docupace is a options supplier targeted on digitizing and automating operations within the monetary recommendation and funding trade. Monetary providers companies use the its cloud-based, built-in software program suite to scale back back-office bills, enhance effectivity, strengthen recruiting, and improve the expertise of advisors and traders. The corporate serves unbiased broker-dealers and registered funding advisers (RIAs) within the monetary providers trade.
FinSMEs
23/07/2024
