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OpenGate Capital exits investment in InRule Technology

OpenGate Capital, a global private equity firm, has exited its investment in InRule Technology (InRule), an intelligence automation platform, through a sale to Pamlico Capital. Financial terms of the deal have not been disclosed.

Headquartered in Chicago, Illinois, InRule provides integrated decisioning, machine learning and process automation software that enables IT and business leaders to make better decisions faster, operationalise machine learning, and improve complex, mission-critical processes.

OpenGate’s initial investment came in 2019 and marked InRule’s first institutional capital raise. Over the past three years, OpenGate supported significant product and go-to-market investment while partnering with InRule’s management team on a buy-and-build automation thesis resulting in two highly strategic add-on acquisitions. The additions enhanced InRule’s platform capabilities, expanded its geographic footprint and elevated its position as a leader in the enterprise automation space.

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