Markham, Ontario (PRWEB) October 01, 2014
Doxim, a leading provider of Customer Communications Management software for the financial services industry, announced today that Strattam Capital has completed its previously disclosed majority investment in Doxim, made in partnership with the company’s founder and current CEO, Chris Rasmussen, and the Doxim management team. The terms of the transaction were not disclosed.
“We are really excited to move forward in our new partnership with Strattam Capital,” said Chris Rasmussen, CEO of Doxim. “We have already set in motion a series of strategic planning initiatives that will help move the company into its next phase of growth, while ensuring that we continue to deliver best-in-class solutions and services to our customer base.”
Strattam Capital was represented by Goodmans LLP and Weil, Gotshal & Manges LLP. Doxim was represented by Miller Thomson LLP, with KPMG Corporate Finance LLC acting as Doxim’s exclusive financial adviser on this transaction.
Doxim builds and delivers a suite of Customer Communication Management solutions for Financial Service Providers and their outsourcing partners, including automated client onboarding software, cloud-based enterprise content management, and advanced document processing solutions. These solutions are used by banks, credit unions, wealth management and investment brokerage firms to create, manage and deliver business-critical customer communications on a more efficient and cost effective basis, enhancing their customers’ experience. Doxim’s solutions help these organizations improve their client communications, streamline document access and meet the stringent compliance requirements associated with transactional document processing. Find out more at http://www.doxim.com.
About Strattam Capital
Strattam Capital is a private equity firm that focuses exclusively on core enterprise information technology and services. Founded and managed by experienced technology investment professionals, Strattam Capital uses its knowledge and resources to make control equity investments in companies with enterprise values of up to $150 million. The team applies an active, conviction-driven approach in close collaboration with management teams. More information is available at http://www.strattam.com.