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Great Hill Partners completed a £75m investment in BigChange.

Financials

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Transaction Value£75m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software

Single Bidder

Completed

United Kingdom

Friendly

Private

Private Equity

software development

Minority

Acquisition

Cross Border

mobile workforce management

Synopsis

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Private equity firm Great Hill Partners completed a £75m ($102m) investment in BigChange, a mobile workforce management technology company. "Unlike niche players that focus on smaller customers and specific sub-verticals, Martin and his accomplished team have built a flexible, all-in-one platform for field service professionals and operators. BigChange's technology is differentiated not only by its ability to serve commercial and residential clients of nearly any scale or vertical, but also by its award-winning product development and customer service capabilities," Drew Loucks, Great Hill Partner.

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