Full-Time
Posted on 10/7/2025
Delivers enterprise intranet software connecting employees
No salary listed
Manchester, UK
In Person
Interact Software provides enterprise intranet software that helps organizations inform and connect their workforce. Its product creates centralized, secure spaces for internal portals, news, directories, and collaboration, enabling employees to find information and communicate across teams. The company distinguishes itself with 15+ years of experience and a track record with major brands, plus a global presence across North America, EMEA, and Australia. Its goal is to improve internal communication and employee engagement by making information and collaboration readily accessible to every employee.
Company Size
201-500
Company Stage
N/A
Total Funding
N/A
Headquarters
Manchester, United Kingdom
Founded
1996
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Remote Work Options
Flexible Work Hours
Health Insurance
Dental Insurance
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Proskauer advises Barings on financing for Castik Capital's acquisition of Interact Software. The world's leading organizations and global players choose Proskauer to represent them when they need it the most. Our top tier team of star trial attorneys, acclaimed transactional lawyers and exceptionally talented partners and associates have earned a reputation for the relentless pursuit of perfection and a dauntless pursuit of success. Proskauer advised long-standing client Barings on the debt financing for Castik Capital's acquisition of a majority... LONDON, December 16, 2025 - Proskauer advised long-standing client Barings on the debt financing for Castik Capital's acquisition of a majority stake in Interact Software. Castik Capital is a Luxembourg-based private equity firm focused on investing in high-quality, growing businesses across Europe. Interact Software is an intranet software provider headquartered in the UK and focused on facilitating internal communication, knowledge sharing and employee engagement for customers across North America and EMEA. The investment will assist in accelerating Interact Software's mission to become the definitive operating system for the enterprise employee experience, powering substantial growth through targeted M&A and product development. The cross-border Proskauer team was led by partner Harriet West and associate Jessica Viner in London (Private Credit). The team also included partner Gayle Berne (Global Finance); partners Daniella Abel and Martin Hamilton and associates Luis de Freitas and Rita Halabi (Tax) and partner Liam Arthur and associate Adya Garg (Private Equity M&A).
Funds managed by Castik Capital have agreed to acquire a majority stake in Interact Software from Unicorn Asset Management, Octopus Ventures, Perwyn Advisors, the former Chairman, the Executive management, and other minority shareholders. The investment is designed to accelerate Interact’s push to become the core operating system for the enterprise employee experience, with a focus on product expansion and targeted M&A.
We are delighted to announce that we have entered an agreement to exit our holding in Interact Software (“Interact”) to funds managed by Castik Capital.
Perwyn has exited its stake in Interact Software. Further details about the transaction or financial figures were not provided in the content.
Market Leaders - DNN Corp., Happeo, Igloo Software, Interact Software, Jive Software, LumApps, Simpplr, and Unily were given the highest "Market Leader" award.