Deals
Buyout Firm Bridge Growth Partners Acquires Solace Systems
- Deal returns cash to Canadian firm's venture capital backers
- Solace provides messaging technology to banks, exchanges
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Solace Systems Inc., a company that develops and sells technology that makes it easier for companies to send big batches of data over the Internet, has sold a majority stake to Bridge Growth Partners, a three-year-old New York buyout firm.
Terms of the deal weren’t disclosed in a press release Wednesday.