Falfurrias Management Partners, a Charlotte-based private equity firm, has made an investment in Neighborly Software, a provider of a SaaS platform that manages the enrollment, administration and reporting of government funded programs.

This investment will drive Neighborly Software’s growth by enabling investments in the existing platform, new technology, enhanced products, geographic expansion and sales and marketing. Since 2016, Neighborly Software has served over 400 customers, including city/municipal governments, state governments, housing authorities and non-profit organizations.

Morris, Manning & Martin LLP and Dearth Law LLC provided legal counsel to Neighborly Software and SEG Capital Advisors LLC provided transaction advisory to Neighborly Software. Holland & Knight LLP served as legal advisors to Falfurrias.