Docupace, a Holmdeal, NJ-based provider of software to streamline back-office operations of wealth management enterprises and financial advisors, received a strategic majority investment from Genstar Capital.
The amount of the deal was not disclosed.
FTV Capital, which made a growth investment in the company in 2020, will remain a minority investor.
The investment empowers the next stage of growth and innovation for Docupace’s software platform focused on digitizing wealth management operations.
Docupace is a solutions provider focused on digitizing and automating operations in the financial advice and investment industry. Financial services firms use the its cloud-based, integrated software suite to reduce back-office expenses, improve efficiency, strengthen recruiting, and enhance the experience of advisors and investors. The company serves independent broker-dealers and registered investment advisers (RIAs) in the financial services industry.
FinSMEs
23/07/2024