On August 1, 2024, PureFacts Financial Solutions announced the closing of a strategic majority investment from GrowthCurve Capital with Scotiabank acting as the Exclusive Financial Advisor to PureFacts.
The investment will be directed towards recapitalizing the business, expanding go-to-market efforts, accelerating digital transformation, AI-integration and acquisition opportunities. As part of the transaction, the management team and employees are rolling significant portions of their holdings and will retain material investment in PureFacts.
PureFacts is a founder-led company that serves the largest wealth managers, asset managers and asset servicers globally by providing end-to-end revenue management solutions.
GrowthCurve, founded in mid-2021 with US$1.6 billion in assets under management, is a private equity firm primarily focused on the technology and information services, healthcare, and financial services sectors.
This transaction reflects Scotiabank’s expertise in advising Technology clients across the North American corridor.
Undisclosed
Scotiabank Exclusive Financial Advisor
August 2024
