Proskauer Advises Barings On Financing For Castik Capital’s Acquisition Of Interact Software

Acquisitions

Summary

Castik Capital is acquiring a majority stake in Interact Software with debt financing arranged by Barings and advised on by Proskauer. Interact Software builds intranet software for internal communication, knowledge sharing, and employee engagement. The investment is meant to speed up the company’s growth. It will also support targeted M&A and product development as Interact Software aims to become the enterprise employee experience platform.

Classifications

industries
Entertainment
applications
Web and Content Management

AskAI Classifications

Labels
Enterprise Software Intranet Software SaaS

Linked Companies

Interact Software
$10M to $25M