Catalyst Investors Sells its Stake in Ascentis

Catalyst Investors Sells its Stake in Ascentis

Catalyst Investors Fund III successfully exited its investment in Ascentis, a leading provider of Human Capital Management (HCM) products including HR management software and payroll services to middle-market companies. Catalyst sourced the company directly through its network and has been a control investor with Tyler Newton, Susan Bihler and Chris Shipman as board members since 2012. Under Catalyst’s ownership, company revenues have grown from $10mm to $28mm, at a compound annual growth rate of 30%.  Summit Partners is the new control investor.

Ascentis achieves record growth in 2015

Ascentis Corporation, a market leader in easy-to-use human resources software, online payroll services, and human capital management (HCM) solutions, today announced another year of significant growth and continued momentum. In the last four years, Ascentis has increased bookings by 318%, total revenue by 273%, recurring revenue by 295%, and MRR (monthly recurring revenue) by 333%.

Catalyst-backed Ascentis Announces Record Growth

Ascentis Corporation, a market leader in easy-to-use human resources software, online payroll services, and human capital management (HCM) solutions, today announced another year of significant growth and continued momentum.

Catalyst Investors leads $7 mln round for Ascentis

Ascentis Corporation, a market leader in easy-to-use human resources software, online payroll services, and human capital management (HCM) solutions, announced today that the company secured $7 million in additional funding.

Ascentis Acquires Starfield

Ascentis Corporation, a market leader in easy-to-use human resources software, online payroll services, and HCM (human capital management) solutions, today announced the acquisition of Starfield, a leading provider of talent management software solutions.

Ascentis Announces Record Growth for Fiscal Year 2013

Ascentis Corporation, a market leader in easy-to-use human resources software, online payroll services, and human capital management (HCM) solutions, today announced significant growth in fiscal year 2013 (FY2013) with a 30% increase in bookings and 33% increase in monthly recurring revenue.

Ascentis Announces Record Growth for Fiscal Year 2012

Ascentis Corporation, a market leader in easy-to-use human resources software, online payroll services, and human capital management (HCM) solutions, announced significant growth in fiscal year 2012 (FY2012) with a 51% increase in bookings and 24% increase in revenue.