OpenGate Capital, a global private equity firm, has made a strategic investment in Annex Cloud, a provider of SaaS customer retention and loyalty management solutions to mid-market and enterprise customers worldwide.
The company will continue to be led by its founder and CEO, Al Lalani. Terms of the investment have not been disclosed.
Founded in 2011, Annex Cloud provides a turnkey loyalty management platform that helps brands engage, retain, and grow customer relationships at scale.
