MacGregor Group Reveals Plans For $32 Million in Venture Capital
TRANSACTION SYSTEMS
BOSTON--The MacGregor Group has secured $32 million in venture capital funding from The Audax Group, Sankaty Advisors/Bain Capital and Commonwealth Capital Ventures. The funding will be used to double MacGregor’s staff, to improve product functionality and to reduce product install time.
Steven Levy, president and CEO of The MacGregor Group, says he looks to take his staff of 140 employees to 250 or more. On the roster will be 89 new hires of seasoned experts in positions related to or including
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