Avant
Chicago-based Avant agreed to a private equity deal with Pamlico Capital.
The financially undisclosed deal pairs Avant with an investor that Avant execs say doesn’t want to interfere with the company’s organic growth strategy.
“… they’re ultimately going to enable us to continue to do what we do, just faster and better than we have in the past and not push us to the areas that we don’t want to go into or may not be creative to the business. Getting bigger doesn’t necessarily mean getting better too. Getting better means getting better,” CEO Ian Kieninger told Channel Futures.
Read a Q&A with Kieninger about how the company will use the funds.
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