Private equity firm Arsenal Capital Partners has acquired Research Dataware LLC, a software developer, for an undisclosed amount.
The firm made the acquisition through portfolio company the WIRB-Copernicus Group.
Cambridge, Mass.-based Research helps research organizations comply with regulations and manage documentation required by federal and state governments.
WIRB-Copernicus is a company that Arsenal formed after it acquired Western IRB in February 2012 and the Copernicus Group in June 2012. The company provides regulatory support services.
Arsenal is a New York firm that invests in middle market healthcare and specialty industrial companies. The firm manages $1.4 billion in equity capital.