Gryphon Investors Completes Majority Investment In Rootstock Software, A Leading Provider Of Enterprise Resource Planning ("Erp") Software, To Accelerate Growth In Large Global Erp Market
Gryphon Investors Completes Majority Investment In Rootstock Software, A Leading Provider Of Enterprise Resource Planning ("Erp") Software, To Accelerate Growth In Large Global Erp Market
08/01/22, 11:01 AM
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Gryphon Investors ("Gryphon"), a leading middle-market private equity firm, announced today that it has acquired Rootstock Software ("Rootstock" or "the company"), a leading provider of cloud-based Enterprise Resource Planning ("ERP") software to manufacturing, distribution, and supply chain organizations, which are increasingly seeking cloud-native, purpose-built ERP solutions to streamline business operations. Both Salesforce Ventures and the company's management team re-invested in the deal alongside Gryphon. Terms of the deal were not disclosed.