AIM Software, a Vienna, Austria-based provider of data management software products to the financial services sector, received a majority investment from Welsh, Carson, Anderson & Stowe.
The financial terms of the transaction were not disclosed.
The company intends to use the funds to further accelerate its geographic expansion as well as organic and inorganic growth initiatives.
Founded in 1999 by CEO Martin Buchberger, who will continue to operate the business maintaining a significant ownership stake, AIM Software provides data management software products to the financial services industry. It has more than 100 clients, and offices in Austria, Luxembourg, Switzerland, France, the United Kingdom, and the United States.