Phorest, a developer of salon and spa management software, has received $23.2m from Susquehanna Growth Equity that will fund global expansion.
Susquehanna Growth Equity (SGE), a subsidiary of technology and trading firm Susquehanna International Group, has invested €20m ($23.2m) in Ireland-based salon management software provider Phorest, the Irish Times reported on Saturday.
Founded in 2003, Phorest has created business and customer relationship management software purpose built for beauty salons and spas. It has more than 3,000 customers across Ireland, the UK, the US and Finland.
Clients can use the platform to take and manage appointments online, organise and oversee staff and…
