GP Bullhound advises Signavio on its $177 Million fundraise, led by Apax Digital
12th July 2019, 11:29 am
Signavio is a leading Berlin-based B2B Software-as-a-Service provider of business transformation solutions with more than one million users across industries and geographies.
GP Bullhound acted as the exclusive financial advisor to Signavio and its shareholders on a $177m investment led by Apax Digital with participation from DTCP. Existing investor Summit Partners will retain an equity stake in the business.
Signavio’s Business Transformation Suite enables its over 1,300 customers to effectively mine, model, monitor, manage, and maintain their business processes. Its intelligent decision-making tools address digital transformation, operational excellence, and customer centricity, helping place processes at the very heart of an organization. Signavio has grown its revenue by more than 70% in the last twelve months.
“Signavio took a major leap forward after the investment of Summit in 2015 when GP Bullhound supported us on our first deal“ said Dr. Gero Decker, CEO, and co-founder of Signavio, “We are happy that GP Bullhound advised us again on this major transaction. We are now thrilled to welcome Apax Digital and DTCP as our new partners, to help us build upon our success to date by leveraging our partners’ operating capabilities and global platforms for our international expansion.”
Julian Riedlbauer, Partner at GP Bullhound, commented: “We are extremely happy to have advised Signavio finding the right partners for the next chapter of their story in Apax Digital and DTCP. Working with Signavio for the second time, we are confident that the team has a bright future ahead of it and will be able to substantially accelerate its already rapid international growth.”
This represents GP Bullhound’s 11th closed transaction in the software space in the last 12 months, following recent closed deals including the sale of AppBuddy to Validity, Falcon.io to Cision, Synthesio to Ipsos and Rant & Rave to Upland Software.
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