TRG Gets Pamlico PE Buy-in as Polaris Divests
Pamlico's undisclosed equity stake will allow the vendor to continue investing in product development, organic growth, and acquisitions, where appropriate, officials say.
New York-based data cost management platform vendor TRG Screen has received an undisclosed majority investment from private equity firm Pamlico Capital, to provide financial backing for the vendor as it transitions to its next stage of growth.
Pamlico replaces Waltham, Mass.-based Polaris Partners as the majority investor in the vendor. Following the change of backer, TRG Screen is now entirely owned by Pamlico and the company’s management team. Polaris acquired a majority stake in then-The
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