Mooreland advises FileBound on sale to Silverback Enterprise Group
Lincoln, Nebraska / Austin, Texas — May 17, 2013 –Mooreland Partners is pleased to announce that it acted as exclusive financial advisor to FileBound on its sale to Silverback Enterprise Group.
FileBound will operate as part of Upland Software, a portfolio company of Silverback Enterprise Group and a cloud provider of enterprise software for project, portfolio and work management.
FileBound is a leading provider of cloud-based workflow automation and document management software. The Company’s flagship offering, FileBound Office Automation, is a comprehensive, end-to-end software suite that enables organizations to improve their operations by connecting users with the information they need to work more efficiently and effectively. FileBound solutions can be deployed locally or as a cloud-based service, and have been implemented by organizations of all sizes around the world. FileBound is headquartered in Lincoln, Nebraska.
Silverback Enterprise Group acquires and builds industry-leading software companies that provide mission-critical software products to enterprise customers. Silverback is backed by Austin Ventures, a $3.9 billion venture capital and growth equity firm.
For more information, please visit www.filebound.com
The sale of Filebound is the 32nd transaction advised by Mooreland since the start of 2012 and is another example of Mooreland’s global leadership in M&A advisory services to the enterprise software industry.