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Balance Point Bets on Jewelry Software Growth

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Balance Point has injected capital into The Edge, a Shelton, Connecticut‑based software firm serving independent jewelers, as part of Serent Capital’s acquisition.

The deal follows the retirement of founder Dick Abbott, who steered the company for nearly 25 years, and the appointment of Josh Brenner as CEO. No financial terms were disclosed, but the move signals confidence in niche retail tech.

By backing The Edge, Balance Point positions itself to capture a slice of the growing demand for cloud‑based point‑of‑sale and inventory solutions in the jewelry sector.

The investment underscores a broader trend of private‑equity firms targeting specialized software providers that serve fragmented retail markets, offering both upside potential and strategic leverage.