Lowenstein represented Catalyst Investors, a growth equity venture capital firm investing in technology-enabled businesses, and Sageview Capital, an investment firm that partners with leading tech-enabled companies with innovative products, as the lead investors in a funding round of $96 million in new equity capital for Pax8, Inc., a buyer, seller, and manager of cloud products. The funding includes additional contributions from previous investors Blue Cloud Ventures and Liberty Global Ventures.
The investment will allow Pax8 to expand globally into new geographies and accelerate development of its cloud marketplace technology platform. Pax8 has ranked in the Inc. 5000 for three consecutive years as one of the fastest-growing private companies in the United States.
Over the past 20 years, Catalyst has invested in companies across the SaaS, tech-enabled services, and internet infrastructure sectors and has established a successful track record of partnering with entrepreneurs and helping companies scale.
Sageview Capital is a private investment firm focused on providing growth capital and operational support to leading tech-enabled businesses. Since 2008, the firm has deployed over $1 billion across 26 growth capital investments.
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