- The merged firm will offer tech transfer and IP management products
- This deal will assist the integration of renewals software into Wellspring’s flagship Sophia system
- Atlanta-headquartered Resurgens is a tech-focused private equity firm
Wellspring, a portfolio company of Resurgens Technology Partners, has completed the acquisition of IP Pragmatics.
IP Pragmatics, headquartered in London, is a consulting and services company for technology transfer and intellectual property management.
The merged company will offer tech transfer and IP management products on the market, servicing over 900 companies, research institutions and government agencies globally, according to a release.
Additionally, this deal will assist the integration of renewals software into Wellspring’s flagship Sophia system, supported by a global staff of professionals.
“The combination of Wellspring’s software platform with IP Pragmatics’ expertise is an important step toward achieving our vision to provide the tech transfer offices of research universities, hospitals and institutions worldwide with the software and services necessary to support technology commercialisation,” said Danny Carpenter, principal at Resurgens.
Wellspring is a provider of R&D and innovation management software and products for corporations, universities, and government agencies. The firm is headquartered in Chicago, Illinois.
Atlanta-headquartered Resurgens is a tech-focused private equity firm investing in North American and select European lower middle-market application and IT/infrastructure software businesses. The firm has offices in Austin, London, and Silicon Valley.
Other add-ons by the firm’s portfolio include EnergyCAP acquiring Wattics, a provider of energy management analytics and monitory software, in late August.
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