.
MergerLinks Header Logo

Announced

Completed

Sumeru Equity Partners completed the $300m investment in Goldman Sachs Asset Management-backed beqom.

Financials

Edit Data
Transaction Value£230m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private

Single Bidder

Cross Border

Acquisition

Minority

Friendly

cloud solutions

compensation management software

Software

Switzerland

software development

Private Equity

Completed

Synopsis

Edit

Sumeru Equity Partners, a technology-focused growth capital firm, completed the $300m investment in Goldman Sachs Asset Management-backed beqom, a provider of cloud-based compensation management software. "Compensation and rewards are at the heart of an organization’s employee experience—since 2009, we have developed software that helps our customers build exceptional workforces that are engaged and inclusive. We are thrilled to partner together with Sumeru to build a global standard for total compensation management. We feel strongly that Sumeru is the right fit as an investor, bringing not only capital but proven expertise and a perfect match in company cultures," Fabio Ronga, beqom CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US