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Macquarie Capital has invested in Procentrix, a provider of low-code IT solutions for US federal agencies, including civilian and defense sectors. This strategic partnership aims to support Procentrix's growth and capabilities in automating and optimizing workflows as federal agencies move away from outdated systems.

The federal IT services market is projected to grow at a CAGR of 8.6%, reaching $94.7 billion by 2027. The collaboration will enable Procentrix to extend its IT modernization frameworks and cloud integration efforts, while also promoting Microsoft-based solutions.

With this investment, Procentrix plans to enhance its existing services and expand its client portfolio. In 2025, Procentrix will launch two new AI-powered products designed for flexible deployment and integration.