Warburg Pincus Leads $130M Growth Investment in Conexiom

Warburg Pincus Invests in Bloomerang to Accelerate Integrated Giving Platform

February 8, 2024

Cloud & SaaS

Bloomerang, an Indianapolis-based donor, volunteer, and fundraising management software provider, received a strategic growth investment from Warburg Pincus to accelerate development of a fully integrated giving platform. The investment complements existing backer JMI Equity and follows Bloomerang’s recent acquisitions of Qgiv and InitLive as the company scales its product and customer base (now serving ~23,000 nonprofits).

Warburg Pincus Invests $125M in LendingPoint

January 14, 2021

Payments & Fintech

Warburg Pincus made a $125 million preferred equity growth investment in LendingPoint to support the company's expansion of financing solutions for ecommerce, point-of-sale, and financial institution partners and to enhance its data and technology platform. LendingPoint, a metro-Atlanta fintech that has originated over $2.5 billion in loans since 2015, will use the proceeds to scale products, data science, and merchant integrations.

Warburg Pincus Invests in Infoniqa

September 5, 2020

Software

Funds advised by Warburg Pincus LLC agreed to invest in Infoniqa, a leading DACH HR software and payroll services provider, alongside existing investor Elvaston and Infoniqa management. The investment is positioned as a strategic partnership to support Infoniqa's future growth and scale its SaaS payroll, outsourcing and HR solutions across the DACH region.

ICONIQ Capital Invests $40M Growth Round in Conexiom

July 28, 2020

Cloud & SaaS

Conexiom, a Vancouver-based SaaS provider of sales order and invoice automation, received a $40 million strategic growth investment from ICONIQ Capital, with existing investor Luminate Capital retaining a majority stake. The funding will be used to accelerate platform development, increase investment in machine learning and AI, extend the product beyond order and invoice automation, and expand Conexiom's global footprint.

Warburg Pincus Invests $400M in WEX Inc.

June 29, 2020

Payments & Fintech

WEX Inc. agreed to a $400 million private investment from an affiliate of Warburg Pincus, consisting of $310 million of convertible notes and $90 million of common stock, and also obtained an amendment to its senior secured credit facilities to increase financial flexibility. The transaction strengthens WEX's balance sheet and liquidity as it navigates COVID-19 headwinds and supports its strategic initiatives across fleet, travel and healthcare payments.

Warburg Pincus Invests Approximately $200M in Indecomm Digital Services

August 13, 2019

IT Services

An affiliate of Warburg Pincus committed approximately $200 million to Indecomm Digital Services, a Scottsdale-headquartered product engineering and digital experience services company. The growth investment will support Indecomm's global expansion, strengthen R&D capabilities, and accelerate organic and inorganic growth.