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Today's Transactions:
Frontier Capital Invests $10M in ConnectSolutions

Connect Solutions provides cloud and web conferencing services

By ALLISON COLLINS
January 14, 2013

ConnectSolutions Inc. has received a $10 million investment from private equity firm Frontier Capital.

San Francisco and Columbus, Ohio-based Connect provides cloud services to large enterprises and government organizations. The company offers unified-communications services, such as web conferencing, that are tailored to individual organizations.

The investment is expected to provide growth capital and liquidity.

Frontier, headquartered in Charlotte, N.C., invests in technology-enabled business services. The firm’s investments include Celergo Global Payroll, Daxko and Business Intelligence Advisors.

 

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