Munetrix has been acquired by Essex Bay Capital
Copper Run advised Munetrix – the nation’s largest aggregators of municipal and school district data, promotes municipal wellness and sustainability through its cloud-based data management tools and proprietary performance analytics applications. In partnering with Munetrix, municipalities and school districts are able to manage their data and access cost-effective products and advisory services to make meaningful and reliable budgets, financial projections, academic achievement metrics, trend reports and better-informed forward-looking decisions.
Essex Bay Capital is a private equity investment firm that partners with middle-market companies and management teams to help drive growth. Areas of interest include software, business services, distribution, medical products, industrial technologies, food, and consumer products. The firm was formed in 2021 and is headquartered in Essex, Massachusetts.
The investment allows Munetrix to expand its resources in areas like product development, customer support and sales.