Private equity firm Cohere Capital has acquired a stake in FlexTecs, a provider of recovery audit software. The deal positions the firm to capitalize on growing demand for automated compliance tools. FlexTecs’ current leadership team will remain in place to steer the company’s next phase of growth.

Recovery audit software helps corporations identify overpayments and recoup funds from vendors and suppliers, a critical function for cost control. As regulatory scrutiny intensifies, automated solutions are becoming essential for large enterprises managing complex supply chains. This investment reflects private equity’s broader push into financial technology.

The transaction’s financial terms were not disclosed. Cohere Capital’s backing could accelerate FlexTecs’ product development and market expansion. Investors will watch for how the firm leverages its portfolio expertise to scale the business. The deal underscores the consolidation trend in the niche but valuable audit software sector.