London, United Kingdom, 26th June 2020 – Growth Capital Partners (“GCP”), is pleased to announce a minority investment in CubeLogic, the ninth investment in Fund IV.
CubeLogic is the leading supplier of risk management software solutions for the energy, commodity and financial markets. CubeLogic’s software uses business intelligence to enable clients to monitor and manage exposures arising from market risk, credit risk, liquidity risk and regulatory compliance. The founders are renowned experienced industry specialists who have an impressive track record of developing and implementing global risk IT solutions. In the current volatile market conditions, CubeLogic addresses the increasing demand for robust, cost effective solutions for risk management.
CubeLogic has grown impressively since their management buy-back in 2016, establishing a 40+ client base, penetrating new industry sectors, expanding their software product offering and employing over 90 people across multiple geographies. GCP’s investment will underpin CubeLogic’s ambitious growth plans, building on their success achieved to date and supporting the growing requirements of their global client base.
Lee Campbell, CEO, CubeLogic comments: “This investment is a key milestone in the CubeLogic journey. Our technology is second to none, but I believe that our success is based on a great business culture and an unrelenting commitment to innovation and customer satisfaction. We had a laser-sharp focus on finding a partner who bought into our vision and the way we operate. I have huge aspirations for the firm, and I am confident that GCP are the perfect fit to support us on our mission.”
Richard Shaw, Partner, GCP comments: “CubeLogic has exceptional technology and delivers the very best in enterprise risk management solutions. Their global client roster is very impressive and we are delighted to be supporting Lee, David and their high calibre international team with their exciting growth plans. We believe our unique partnership style and successful track record of working with fast growth software and technology services businesses will provide CubeLogic with the best possible support for further international expansion, whilst enabling the team to maintain its special culture and focus on quality.”
David Priestley, Executive Chairman, CubeLogic, concludes. “I am delighted for Lee and the team, this significant investment recognizes the teams’ hard work and dedication. CubeLogic now has a huge opportunity to dominate the energy, commodity and financial services industries with advanced and innovative enterprise risk and compliance solutions. I am looking forward to what’s in store!”
Richard Shaw, Partner at Growth Capital Partners:
“Matt and the Acuity team played a key role in supporting both GCP and the management team throughout this deal. We chose Acuity because of their deep software & fintech sector knowledge, hands-on mentality and value adding insight – and the team have delivered.”
Matt Stamp, Partner at Acuity Advisors:
“CubeLogic is a stand-out investment opportunity: a software provider with innovative, unique capabilities focused on providing key enterprise risk management solutions into specific financial markets that have a real need for BI & analytical risk solutions. We have very much valued the opportunity to work with Richard, Jay, James, Heidi, David, Lee and the wider CubeLogic team – we look forward to CubeLogic’s continuing commercial success in the coming years. This deal is another example of Acuity Advisors’ ability to execute market leading technology transactions, regardless of wider challenging markets driven by the current pandemic.”
CubeLogic is the leading supplier of business intelligence enabled enterprise risk management solutions for all energy, commodity and financial markets exposures arising from market risk, credit risk, liquidity risk and regulatory compliance. CubeLogic’s founders are renowned experienced industry specialists who have an impressive track record of developing and implementing global risk IT solutions. In the current volatile market conditions, CubeLogic addresses the increasing demand for robust, cost effective Business Intelligence solutions for risk management.
About Growth Capital Partners
Growth Capital Partners LLP (GCP) is an independent private equity company, which invests in growing UK SMEs. Its partnership style is focused on working with ambitious, like-minded management teams to support accelerated growth, significantly enhancing the value of their businesses. The ability to provide flexible funding solutions, tailored to the deal situation, provides businesses with the best possible platform for growth. www.growthcapital.co.uk
GCP: Richard Shaw, Jay Salter, James Handley, Heidi Farley
Legal: Osborne Clarke (Tim Hewens, Chris Yeo)
M&A: Acuity Advisors (Matt Stamp, David Copp, Mike Collins)
Financial: BDO (Chris Heatlie)
Commercial: Armstrong (Simon Hemsley, Mike Callow)
Tax structuring: PwC (Dan Harris, Catherine Kay)
Technology Due Diligence: CG Consultancy (Chris Goodall, John Ames)
About Acuity Advisors
We know technology and are experts in selling businesses, securing equity investments and raising debt finance.Our partners are senior players: skilled at getting to the heart of a technology business, understanding what will attract buyers and investors, and building long-lasting relationships. We have an unrivalled understanding of the industry’s complexities and personalities – our track record and client feedback are compelling evidence of that. We’re an international firm – most of our deals are cross-border, from offices in London, Munich, Shanghai and Silicon Valley – but we’re grounded in our approach. We move quickly when it’s needed, and we’re around for the long haul when patience is a virtue. We’ve maintained a very high success rate across hundreds of deals while keeping our focus on doing what’s right for our clients. From first meeting to successful exit, we earn the trust that clients and investors put in us. Learn more here.
© 2020 Acuity Advisors Limited
Matt and the Acuity team played a key role in supporting both GCP and the management team throughout this deal. We chose Acuity because of their deep software & fintech sector knowledge, hands-on mentality and value adding insight – and the team have delivered.Richard Shaw, Partner Growth Capital Partners
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