Charles Thayne Capital, a growth-oriented and technology-focused private investment firm, has acquired Lucidpress, a provider of design and brand templating software that facilitates management of branded content.
“This transaction represents a new chapter in the Lucidpress journey. Our platform has transformed the brand management landscape, and this partnership positions us to continue to lead in this space for years to come,” said Owen Fuller, general manager. “The CTC team brings depth and expertise in the software arena, and together we are committed to helping our customers elevate their brands in groundbreaking ways.”
“We have been close to Owen and the Lucidpress story for a long time. The company’s category-defining product and commitment to its customers have earned it a prominent position in an industry undergoing tremendous change,” said Matt Marsh, co-founder and managing partner of CTC.
Brian Gornick, CTC co-founder and managing partner commented, “As a firm, we embrace fundamental shifts in industries where technology advances the model and where we bring expertise and resources to help companies like Lucidpress scale. We believe our investment and partnership will accelerate Lucidpress’ momentum as it innovates on behalf of its customers.”