Deal Roundup: Parthenon sells tech firm, NRDC buys stores out of bankruptcy

Growth-focused Parthenon Capital has agreed to sell investment software and technology provider Institutional Cash Distributors (ICD) to Tradeweb Markets. ICD’s software enables corporate treasury organisations to proactively manage liquidity and financial risk by offering unbiased access to a wide selection of investment products. Since Parthenon’s investment in ICD in 2018, the company has nearly doubled …