Thursday, April 09, 2009

NuView Raises $5 Million from Petra Capital Partners - Wilmington, MA

Petra Capital Partners, a private equity firm based in Nashville, Tenn., announced on Monday that it has invested $5 million investment in NuView Systems, a Wilmington-based provider of human resource management systems and payroll software tools. Privately held NuView has about 300 organization customers worldwide. Its software helps manage an organization’s people, process, and strategy. NuView said plans to use the investment proceeds to fund the expansion of its sales, marketing and professional service capabilities to support its increasing share of the growing human resources management software industry.


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