Cayuse is the market leader in research administrative software. It offers scalable solutions that empower organisations to conduct globally connected research and sponsored projects. Its industry-leading software modernises processes, improves collaboration, reduces compliance risks, saves time and increases transparency across all points of the research lifecycle.
Macquarie Capital acted as the exclusive sell-side advisor to Cayuse LLC on its majority investment by Primus Capital. It ran a competitive process, marketing the business on forward revenue and navigating uncertain market conditions to garner significant interest from both financial sponsors and strategics within the research, education and healthcare sectors. Leveraging a large network, it engaged Primus Capital a private equity firm focused on investing in leading technology-oriented growth companies.
The investment comes at a time of continued growth by Cayuse, driven by the company's focus on product innovation and the resilience of institutional research.
"We couldn’t be more excited with this additional investment which will help us to build upon our leadership position with a focus on empowering globally connected research."
Matt McLellan, CEO, Cayuse