October 9, 2014
Centage Corp. acquires Canadian firm
Centage Corp., a Natick-based provider of budgeting and forecasting software, has acquired Toronto-based financial reporting software maker BI-Metrix Inc., for an undisclosed amount.
The deal was financed through $9.5 million the company received last month for acquisitions and other strategic growth moves from TVC Capital & Northgate Capital, Centage said in a release.
As part of the acquisition, Centage will add members of the BI-Metrix company to its engineering team, and plans to integrate BI-Metrix’s Analytics Maestro product along with additional back office data sources into its existing and future software, it said.
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