Brad jacobs to lead equity investment of $1 billion in silversun technologies and pursue acquisitions in an industry to be announced later

Jacobs to become chairman and chief executive officer company to become platform for jacobs' new venture after spinning off existing silversun business greenwich, ct and east hanover, nj / accesswire / december 4, 2023 / silversun technologies, inc. (nasdaq:ssnt) ("silversun" or the "company") and jacobs private equity ii, llc ("jpe"), which is led by brad jacobs, today announced that they and minority co-investors have entered into an investment agreement (the "investment agreement"), pursuant to which jpe and the minority co-investors will invest $1 billion in cash into silversun. the proposed equity investment is comprised of $900 million by jpe and $100 million by co-investors, including sequoia heritage.
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