GrowthCurve Capital, a private equity firm, has made an investment in PureFacts Financial Solutions, a SaaS provider of revenue management services for the investment industry.
Founded in 1997, PureFacts helps wealth management, asset management and asset servicing firms manage and grow their revenues. The PureRevenue platform helps with revenue management by powering the entire revenue lifecycle, according to the firm. User firms can calculate, collect, distribute and optimize their revenues using the PureFacts fees engine, incentive compensation application and business intelligence services powered by a single system of record for revenue management.
Scotiabank acted as financial advisor and Goodmans LLP served as legal advisor to PureFacts. KeyBanc Capital Markets Inc. acted as financial advisor and Weil, Gotshal & Manges LLP and Blake, Cassels & Graydon LLP served as legal advisors to GrowthCurve Capital.