Armory Securities' Client Quark Software Acquired by Zax.AI

The Cosine Group, a division of Armory Securities, is excited to congratulate its 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.

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.

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.