Vancouver’s PDFTron Systems has secured a $95 million investment led by Silversmith Capital Partners, a Boston-based growth equity firm.
PDFTron’s software development kit (SDK) is used by hundreds of enterprise customers around the world to enable digital transformation initiatives by providing a comprehensive document processing, conversion, and collaboration platform.
This investment comes as the company has experienced substantial growth, more than doubling its workforce since the start of 2018.
The investment will be used to support PDFTron’s significant R&D and product development resources, and to pursue acquisitions in both North America and Europe.
“We are thrilled to partner with Silversmith for the next phase of PDFTron’s growth,” said Catherine Andersz, Co-Founder & CEO of PDFTron.
“Silversmith’s expertise helping enterprise software companies to expand globally made them a perfect choice for us. This investment will allow PDFTron to continue delivering market-leading solutions, while doubling down on our commitment to long-term customer success and satisfaction.”