Investment Summary

Cipio Partners, Verdane and The Sage Group Invest In Brightpearl

On July 26, 2018, secondary investor Cipio Partners, growth capital firm Verdane and The Sage Group invested in software company Brightpearl

Investment Highlights
  • This is Cipio Partners’ 5th, Verdane’s 10th and The Sage Group’s 1st transaction in the Software sector.
  • This is Cipio Partners’ 9th, Verdane’s 5th and The Sage Group’s 1st transaction in the United States.
  • This is Cipio Partners’ 1st, Verdane’s 2nd and The Sage Group’s 1st transaction in Texas.

Investment Summary

Date 2018-07-26
Target Brightpearl
Sector Software
Investor(s) Cipio Partners
Verdane
The Sage Group
Deal Type Growth Capital

Target

Brightpearl

Austin, Texas, United States
Brightpearl is a is digital operations platform for retailers and wholesalers to manage inventory, accounting, customers, suppliers and fulfillment across your omnichannel business. Paired with real-time reports on inventory, cash flow, profitability across products, channels, customers and much more. Brightpearl was founded in 2007 and is based in Austin, Texas.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 3

Investor

Cipio Partners

Munich, Germany

Investor Investor Investor Investor Investor


Category Secondary Investor
Founded 2003
Size Small
Type Sector Agnostic
DESCRIPTION

Cipio Partners is an investment management firm focused on secondary investments, as well as early and later-stage venture capital transactions. Sectors of interest include technology, media, and communications. Cipio Partners was formed in 2003 and is based in Munich, Germany.


DEAL STATS #
Overall 24 of 27
Sector (Software) 5 of 5
Type (Growth Capital) 4 of 7
State (Texas) 1 of 1
Country (United States) 9 of 9
Year (2018) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-05 Blackwood Seven

Copenhagen, Denmark

Blackwood Seven is a developer of a real-time AI-powered software platform that automates customer-specific media planning and allocation. The company’s software tracks customers’ historic marketing spend, sales impacts, and a wide range of exogenous parameters providing visibility into the effectiveness of specific marketing channels and measuring returns on investment based on its customers’ target KPIs. Blackwood Seven was founded in 2013 and is based in Copenhagen, Denmark.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-03 softgarden

Berlin, Germany

softgarden is a European Recruiting-as-a-Service provider with more than 400 corporate customers across a wide range of industries. softgarden offers an innovative recruitment technology platform to a diversified set of German midmarket and enterprise customers. softgarden was founded in 2003 and is based in Berlin, Germany.

Sell -
Investor

Verdane

Oslo, Norway

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1985
PE ASSETS 1.2B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Verdane is a Norwegian private investment focused on acquiring portfolios of investments. In addition to secondary investing, Verdane also invests in co-investment pools as well as makes direct investments in individual growth companies. Sectors of interest include consumer products/services, software, energy, technology, and communications. Verdane provides support to portfolio owners to reduce exposure to private equity risk, achieve liquidity and free owners from the burden of managing direct investments. The majority of Verdane's investments are growth stage, however, the Firm can invest at any stage of development. Verdane was formerly known as Four Seasons Venture AS and was established in 1985. Verdane is based in Oslo, with additional offices in Helsinki and Stockholm.


DEAL STATS #
Overall 51 of 84
Sector (Software) 10 of 15
Type (Growth Capital) 6 of 20
State (Texas) 2 of 2
Country (United States) 5 of 6
Year (2018) 4 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-23 navabi

Aachen, Germany

navabi GmbH in plus size fashion. We curate and create the best and most inspirational plus size fashion collections and offer an ecommerce experience for our style savvy customers. navabi is a network-based organisation without hierarchy that strives for compassion and human excellence. As a team, but also as a business, we want to enable others to express themselves.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-22 The Humble

Stockholm, Sweden

The Humble designs and markets eco-friendly personal hygiene products. Humble’s profile is deeply rooted in social and environmental responsibility, with its products having a significantly lower environmental footprint than traditional alternatives in global markets. The Humble was formed in 2014 and is based in Stockholm, Sweden.

Buy -
Investor

The Sage Group

San Francisco, California, United States

Category Company
Founded 2003
Sector Staffing
DESCRIPTION

The Sage Group is a staffing and consulting firm. The Sage Group provides mid to senior-level marketing consultants & contractors and permanent talent to leading companies. The Sage Group was founded in 2003 and is based in San Francisco, California.


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Growth Capital) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1