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October 9, 2014

Centage Corp. acquires Canadian firm

Centage Corp., a Natick-based provider of budgeting and forecasting software, has acquired Toronto-based financial reporting software maker BI-Metrix Inc., for an undisclosed amount.

The deal was financed through $9.5 million the company received last month for acquisitions and other strategic growth moves from TVC Capital & Northgate Capital, Centage said in a release.

As part of the acquisition, Centage will add members of the BI-Metrix company to its engineering team, and plans to integrate BI-Metrix’s Analytics Maestro product along with additional back office data sources into its existing and future software, it said.

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