Armory Securities, LLC Announces Sale of Quark to Zax

The Cosine Group, a division of Armory Securities, is excited to congratulate our client Quark Software (“Quark”), a pioneer in AI-powered content solutions and design software, on its acquisition by Zax.AI (“Zax”), a software-focused investor and acquiror. The acquisition reinforces Zax’s commitment to investing in proven software products with loyal customer bases and accelerating their growth through customer-focused innovation. The Cosine Group served as the exclusive financial advisor to Quark Software for the transaction.

About Quark Software:

Founded more than four decades ago, Quark has developed market-leading component content design, automation and intelligence software products for end-to-end content lifecycle management. Used by more than 20,000 customers globally, including some of the world’s largest organizations in regulated industries such as financial services, pharmaceutical, government, and manufacturing, Quark’s products streamline the creation, management, publishing, and delivery of business-critical content enabling greater control and reusability.

About The Cosine Group:

This acquisition adds to The Cosine Group’s extensive experience advising B2B software companies in strategic transactions. Serving in both sell-side and buy-side capacities to growth-stage technology companies, The Cosine Group boasts significant experience with commerce enablement, content management, digital media, financial technology, marketing technology, vertical software, and tech-enabled solutions companies. The transaction was led by Nick Hailey and Dan Lasher.

For information on this transaction or about The Cosine Group, a division of Armory Securities, please contact one of the following deal team members:

Nick Hailey
Managing Director
nhailey@tcosg.com
415.264.2515

Dan Lasher
Principal
dlasher@tcosg.com
610.247.4564

Armory Securities, a division of Armory Group, LLC, is a leading investment bank dedicated to helping middle market companies and their constituents. Armory Group, through its subsidiaries, provides investment banking services, asset management services and advisory services, including enterprise transformation and interim management, to middle market companies and their stakeholders. Learn more about Armory Group, and its subsidiaries, at www.armorygroupllc.com.
Armory Securities, LLC, member FINRA, Member SIPC