Archer, a Berwyn technology and services innovator for the investment management industry, announced it is poised for aggressive growth with a $12.5 million investment from NewSpring Capital’s dedicated technology and business services growth equity fund.

“Archer continues to offer investment managers everything they need to grow their business — a simplified solution to operations and technology issues, including speed, flexibility and cutting edge technology,” said Bryan Dori, Archer president and CEO. “With NewSpring as an institutional investment partner, we can fully pursue growth initiatives focused on our team and technology.”

“We are very excited by the Archer platform and view it as the most complete and advanced solution on the market for customers to improve the efficiency of their operations”, said Eric Jensen, principal, NewSpring Capital. “With the new investment, and Archer’s deeply experienced team, we believe the company is strategically positioned for dramatic growth.”

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Top photo credit: Vintage Investing via photopin (license)