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Theobroma transaction secures critical security software technology and strengthens Cherry’s position as a leading provider of high-security peripheral infrastructure.

NEW YORK, Sept. 30, 2020 - Argand Partners, LP (“Argand”), the New York- and San Francisco Bay Area-based private equity firm, today announced that it has completed the acquisition of Cherry GmbH (“Cherry”). Argand acquires market-leading specialty manufacturing and business services companies with sustainable competitive advantages and strong growth potential.

One of the challenges to greater diversity and inclusivity in boardrooms is a lack of visible opportunities for diverse, board-ready candidates. We proudly join Diligent’s Modern Leadership initiative to help change that.

The arrival of the pandemic has spurred digital transformation, accelerating trends already in motion, says Tariq Osman, partner and co-founder at Argand Partners.