Mon, 23 Sep 2024 | BUSINESS NEWS
Bluprintx, a digital transformation services provider, has secured investment from private equity firm Palatine and unveiled a new acquisition. The investment from Palatine’s buyout fund will support the firm’s growth ambitions, including a buy-and-build plan.
Headquartered in Liverpool, Bluprintx also has operations in the US, Netherlands and Australia. The company enables productivity and revenue growth via technology, data and AI services for marketing, sales and service.
Palatine’s investment will support the next phase of the company’s service and coverage expansion programme. This will include continuing to assess M&A opportunities that can provide customers with greater value, broader technology expertise and closer alignment with vendors such as Adobe.
With the backing in place, it has already completed a deal, acquiring commerce specialist ITG Commerce. The acquisition provides Bluprintx with increased capacity in the Adobe ecosystem, while taking the group’s headcount to more than 140 employees worldwide.
ITG Commerce, which creates commerce products, is a specialist in Adobe’s commerce platform, Adobe Commerce, as well as other mid-market commerce platforms. The company has operations in the US and Hungary.
Bluprintx founder and Chief Executive Lee Hackett (pictured above, right, with Palatine's James Painter) said: "Palatine’s backing is instrumental for Bluprintx as we continue to expand the services we offer to our customers. With this partnership and the subsequent acquisition of ITG Commerce, we are fortifying Bluprintx to give our customers direct and strategic support toward commerce objectives.
Hackett added that Bluprintx was expanding its pool of expert practices, while making the company’s services “more accessible across the globe with stronger bases in the US and Hungary.” He described the move as “the next step in our journey toward providing global enterprises with a full suite of digital transformations”.
Palatine Senior Investment Director James Painter added: "Palatine has a strong track record in the technology services sector and we are delighted to have completed on a platform in the digital transformation space, backing the Bluprintx management team in their buy and build strategy."
Mid-market acquisitions and bolt-on deals are expected to drive an increase in private equity M&A activity
The business specialises in providing in providing a range of client-focused, proactive IT services, including backup and disaster recovery, cloud services, hosted VoIP, cybersecurity solutions, and website hosting. Operating on a B2B basis across th...
Software development and system integration company specialising in track & trace and mobile computing. This is an exciting acquisition opportunity for a buyer to exploit the considerable market opportunities.
The company is a respected provider of hair and beauty salon management software, offering its solutions on a Software as a Service (SaaS) basis, in addition to an array of management solutions for a variety of commercial businesses. The company has...
03
|
Oct
|
Cotswolds tech firm to target acquisitions with BGF investment | BUSINESS NEWS
Kubus, a technology value-added reseller (VAR) based in the ...
03
|
Oct
|
Law firm expands North West presence to 12 sites with latest merger | MERGER
A law firm based in the North West of England has further ex...
02
|
Oct
|
Solid State expands with acquisition of electronic components specialist | BUSINESS SALE
An electronic components specialist has been acquired by tec...
30
|
Sep
|
Luxury yacht software firm secures PE backing and makes acquisition | BUSINESS SALE
Voly Group, a Greater Manchester-headquartered luxury yacht ...
25
|
Apr
|
New private equity owner for fleet hire firm | BUSINESS SALE
West Lancashire-based fleet hire business NRG Riverside has ...
03
|
Aug
|
Private equity-backed CTS makes second acquisition of 2021 | BUSINESS SALE
Construction Testing Solutions (CTS) has completed the acqui...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.