![Providence Strategic Growth Providence Strategic Growth](https://www.corumgroup.com/sites/default/files/styles/large/public/transaction-images/PSG_OUT.png?itok=NHhrirsl)
![ExakTime ExakTime](https://www.corumgroup.com/sites/default/files/styles/large/public/transaction-images/ExakTime.png?itok=PYqismYn)
About the transaction
ExakTime provides innovative workforce management solutions for construction and field services companies and serves over 7,000 customers and 250,000 users daily. The company equips businesses with a GPS-enabled app for field-based time and activity tracking and compliance verification, plus cloud-based software and direct syncing with accounting and payroll programs. Providence Strategic Growth is the growth equity affiliate of Providence Equity Partners, a leading global equity firm with $50 billion in assets under management. Exaktime is joining a new platform company created by Providence Strategic Growth, Arcoro, Inc.
Read more about the transaction
- ExakTime Announces majority investment by Providence Strategic Growth
- Corum Client ExakTime Receives Majority Investment From Providence Strategic Growth