December 14, 2022
Canadian personal fairness investor Danilee Capital introduced an funding within the Addmore Group Inc., a supplier of SAP staffing options headquartered in Toronto with operations throughout Canada and the US.
“We’re excited to work with Addmore’s founders, who stay shareholders, and the remainder of the Addmore group to carry extra sources and assist develop the enterprise,” mentioned Lindsay Wilson, managing companion at Danilee. “The group’s deep information of the SAP universe and their clients’ wants units them aside and has created a basis that may be simply expanded upon.”
The funding in Addmore is Danilee’s second platform acquisition in its fund, launched earlier this 12 months. Addmore’s market-leading place as one among Canada’s most acknowledged SAP staffing companies and sturdy administration group make it a robust strategic match for Danilee.
“We’re thrilled to enter this part of progress at Addmore. Partnering with Danilee offers us with the funding, sources, and experience required to pursue strategic initiatives and growth that may permit us to extend the extent of help to our clients and the SAP ecosystem as an entire,” mentioned Hylton Maizels, CEO of Addmore.
The phrases of the funding weren’t introduced.
