Define Capital, a Toronto-based investment firm, has acquired Mississauga’s Synergy Gateway Verified (SGV), a software company specializing in credential verification for Canadian postsecondary institutions. This acquisition expands Define's portfolio of niche B2B SaaS businesses and highlights their strategy of targeting established companies with high client retention. The move signals increased consolidation within the education technology space, and observers should watch to see if Define leverages SGV’s existing infrastructure to expand its services internationally.
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