Growth on cards as Bizagi bags $48m investment
Bizagi, the enterprise software company which works with the likes of Adidas, IKEA and BAE Systems, has secured a $48 million investment from private equity firm Invus to accelerate growth across the US and Europe.
The Buckinghamshire-headquartered company empowers global organisations to transform into digital businesses through its process automation software.
The platform connects people, applications, devices and information to deliver an engaging experience, and is used by almost one million users.
“Bizagi was founded with one goal in mind – to become the market-leader in enterprise software for digital transformation,” co-founder and CEO Gustavo Gomez said.
“We have reached many significant milestones as we’ve grown as an organisation and now work with some of the largest businesses in the US and around the globe.
“However, we recognise the unique opportunity today’s market provides us to boost growth and Invus’ backing will help further scale our software platform and accelerate expansion in our key markets.”
Bizagi was founded in 1989 and now employs a workforce of over 400 people with global headquarters in the UK and regional offices across Europe, US and Latin America. The company serves blue chip clients including Old Mutual, BAE Systems and Adidas.
GP Bullhound, the European technology investment bank, acted as the exclusive financial adviser to Bizagi on its growth equity investment from Invus.
BELOW: Flick through the Q2 2017 edition of BusinessCloud's interactive digital magazine