Scaleworks, the San Antonio, Texas-based B2B SaaS-focused venture equity firm, today announced it has acquired Centage Corporation, the leading provider of advanced FP&A software solutions for small and medium-sized finance teams.
Centage empowers finance teams to meet the challenge of constant change. Our Planning Maestro® solution is a modern cloud platform for managing all aspects of budgeting, planning, forecasting, and data analysis, providing business leaders with the financial visibility and control needed to lead organizations to growth and profitability.
Peter Messana, who previously served as CEO of Searchspring (a former Scaleworks investment), has been appointed CEO, replacing previous CEO John Murdock. “I’m excited to join the Centage team and build on the incredible foundation John has built with the organization over the past six years. Together, the team and I are focused on our customers and will continue to innovate and provide best-in-class products and services that best meet their needs,” said Messana.
“This is an exciting acquisition for Scaleworks and an excellent addition to our portfolio. Centage offers its customers a modern, sophisticated, yet easily accessible FP&A solution and has an excellent foundation to build on,” commented Ed Byrne, General Partner of Scaleworks. “We look forward to working with the Centage team and its CEO Peter Messana on this next phase of the company’s expansion.”
