Bizagi Receives $48 Million Investment to Fuel Global Growth Plans

Capital from Invus will accelerate growth across key markets of the
US and Europe

LONDON--(BUSINESS WIRE)--#digitaltransformation--Bizagi,
the leading enterprise software company for digital transformation,
today announces the closing of a $48 million USD minority investment by
private equity firm, Invus.
Bizagi will use the new capital to accelerate growth across focus
markets – the US and Europe.


Bizagi’s market leading digital process automation software is used by
almost one million users across many of the world’s largest businesses
including adidas, Aon plc, Old Mutual and Kaiser Permanente. Bizagi
helps enterprises thrive in the digital era through its digital process
automation platform that connects people, applications, devices and
information to deliver the engaging experience that today’s customers
demand.

Invus has an excellent track record of investing in rapid growth
companies with proven business models. The private equity firm is
renowned for its selective approach and the investment in Bizagi comes
at a time when the company can accelerate its growth in the thriving
process automation market. Leading research firm Forrester,
predicts that the market will grow to $2.9BN by 2021 and Bizagi’s strong
customer base and best-in-class digital process automation software
means it’s well-positioned to capitalize on this boom.

“Bizagi was founded with one goal in mind – to become the market-leader
in enterprise software for digital transformation. We have reached many
significant milestones as we’ve grown as an organization and now work
with some of the largest businesses in the US and around the globe.
However, we recognize 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,” commented Gustavo
Gomez, CEO and co-founder of Bizagi. “As organizations strive to
digitally transform, many are turning to innovative cloud and artificial
intelligence (AI) solutions that empower both business and IT users to
drive the change across their operations.”

Founded in 1989, Bizagi now employs over 400 people with global
headquarters in the UK and regional offices across Europe, US and Latin
America. It is led by a highly experienced management team and supported
by a growing implementation partner network worldwide.

GP Bullhound, the European technology investment bank, acted as the
exclusive financial advisor to Bizagi on its growth equity investment
from Invus.

About Bizagi

Bizagi helps organizations to transform into digital businesses. Its
process automation platform connects people, applications, devices and
information to deliver the engaging experience that today’s customers
demand. Fuelled by a community of almost 1 million users, Bizagi powers
enterprises worldwide including adidas, BAE Systems, Kaiser Permanente
and Old Mutual. For more information visit www.bizagi.com.

About Invus

Since 1985, Invus has been an equity investor in companies who seek to
transform their industries. Invus partners with owner-managers of
private companies to help them achieve extraordinary business
performance. Over its 30 year history, Invus has achieved both cash on
cash multiples and annual internal rates of return that are at the very
top of the private equity industry. Today Invus manages over $5 billion
in assets and capital through an evergreen fund structure and has
offices in New York, London, Paris and Hong Kong. Invus invests in
companies across a wide range of industries including consumer products
and services, technology, software, and healthcare.


Contacts

Octopus Group
Chris Hew
020 3772 8899
bizagi@octopusgrp.com