.
MergerLinks Header Logo

New Deal


Announced

Completed

Summit Partners completed a $37m investment in Appway.

Financials

Edit Data
Transaction Value£29m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private Equity

Minority

business management software

Completed

Software

Private

Acquisition

Switzerland

Single Bidder

Friendly

Cross Border

Synopsis

Edit

Global growth equity firm Summit Partners completed a $37m investment in Appway, a global provider of business process automation software. "Since its very first day, the Appway team has been driven by our mission to connect people, systems and data to automate workflows across teams and touchpoints. We look forward to leveraging Summit’s extensive experience scaling global software businesses in the financial services industry to expand our vision of ’Connecting the Disconnected’ and help more institutions embrace their digital future," Hans Peter Wolf, Appway Founder and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US