Bridgepoint Acquires Majority Stake in Kyriba

March 28, 2019

Bridgepoint, an international private equity firm, agreed to invest $160 million to acquire a majority stake in Kyriba, valuing the cloud treasury and finance software provider at $1.2 billion. The capital will fund product innovation, customer support and global expansion, while several existing investors (Upfront Ventures, Bpifrance, SumeruEquity Partners and HSBC) realize exits and some investors (Daher Capital, Iris Capital and CEO Jean‑Luc Robert) remain invested.

Buyers
Bridgepoint
Targets
Kyriba
Sellers
Upfront Ventures, Bpifrance, SumeruEquity Partners, HSBC
Industry
Cloud & SaaS
Location
California, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.