BOISE, Idaho, Oct. 7, 2025 /PRNewswire/ -- TELEO Capital Management, LLC ("TELEO"), has announced the acquisition of BluLogix LLC by its existing portfolio company, SOFTRAX.

The investment unites two innovative software providers, creating a single entity that significantly expands capabilities and delivers exceptional value to customers across both organizations. With combined revenue management and billing platforms, the new company is better positioned to offer a wider range of solutions that help businesses achieve greater success.

"This strategic partnership highlights the kind of value-creation opportunity we seek," said Matt Scholl, Operating Partner at TELEO Capital. "By bringing together the strengths of BluLogix and SOFTRAX, we are building a powerhouse in revenue management that offers more comprehensive solutions and accelerates innovation. Our investment will drive the development of advanced, integrated solutions that help customers manage their revenue lifecycles more effectively."

Youssef Yaghmour, the current CEO of BluLogix, will continue in an executive leadership role as Chief Technology and Strategy Officer within the newly merged organization. "We are excited to join forces with SOFTRAX and begin this new chapter with the support of TELEO," said Youssef. "Our shared vision and complementary technologies will deliver unmatched value to our customers. This isn't just about expanding—it's about getting better at what we do."

Enhanced Capabilities Through Strategic Combination

The merger of BluLogix and SOFTRAX will deliver significant benefits to customers:

Broader Product Offerings: Customers will gain access to a comprehensive range of revenue recognition and billing solutions, tailored to meet specific industry and business requirements. 

Faster Product Innovation: Increased investment from TELEO will deliver advanced features, improved extensibility and scalability, operational efficiency, and greater flexibility for revenue and billing management.

Smarter Services with AI: The organization is investing in advanced analytics, agentic automation, and adaptive intelligence that customizes to each workflow—making solutions even more valuable for businesses. 

Greater Growth Opportunities: Through both organic growth and strategic initiatives, the new solutions will expand to reach a larger customer base and offer improved capabilities in a rapidly evolving marketplace.

Customized Industry Solutions: Purpose-built applications address industry-specific needs, ensuring each customer receives a solution tailored to their unique requirements.

Unwavering Commitment to Customer Success

The investment and merger demonstrate a continued commitment to prioritizing customers and supporting their success. BluLogix and SOFTRAX clients can expect the same, if not higher, level of quality service, support, and dedication from the combined team as integration moves forward, maintaining current points of contact and SLAs. The roadmap will focus on improving and expanding products, including unified data models, API-first extensibility, and better configurability for complex contracts and usage models. Customers will see ongoing efforts to develop new product innovations and services that grow with changing business needs, such as automating revenue policies, usage-based billing, and renewal management.

About BluLogix

BluLogix is a leading provider of intelligent subscription billing and revenue management software, transforming complex billing operations into streamlined, automated processes. Founded in 2013 and based in McLean, Virginia, BluLogix's data-driven platform enables businesses to grow recurring revenue models while ensuring compliance with financial regulations such as ASC 606 and IFRS 15. The company's flagship BluIQ platform supports over 100 companies across SaaS, IoT, and other subscription-based industries, offering real-time analytics and automation to maximize profits and encourage predictable revenue growth. Visit www.blulogix.com to learn more.

About SOFTRAX

SOFTRAX is a leading provider of revenue recognition and revenue lifecycle management solutions, helping businesses automate complex accounting processes and ensure compliance with ASC 606 and IFRS 15 standards. Trusted by companies across industries including SaaS, manufacturing, and technology, SOFTRAX streamlines subscription billing, contract management, and financial reporting through its comprehensive platform. The company empowers finance teams to reduce manual work, improve accuracy, and accelerate month-end close processes while providing real-time visibility into revenue performance. For more information, visit www.softrax.com.

About TELEO Capital Management

TELEO Capital is a lower middle-market private equity firm that looks to invest in opportunities where its strategic insight, operational resources, and capital base empower management to perform and execute its business plans. TELEO has a successful track record of executing corporate carve-outs, recapitalizing broken balance sheets, acquiring founder-owned companies, and implementing buy-and-build strategies for its portfolio companies. TELEO targets opportunities in the technology & software, healthcare IT, business services, and industrial sectors. The firm is headquartered in Boise, ID, with an additional office in Los Angeles, CA.

For additional information, please contact Matt Oehlmann at [email protected] or visit our website at www.teleocapital.com.

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SOURCE TELEO Capital Management, LLC