Growth Capital Partners (GCP) takes minority shareholding CubeLogic
CubeLogic, a provider of enterprise risk management solutions for the energy, commodities and financial markets, has closed a significant minority investment deal with Growth Capital Partners (GCP) for an undisclosed amount.
The GCP investment will underpin CubeLogic’s ambitious growth plans which includes the hiring of a number of key executives in order to support their growing global client base. Since the management buy-back in 2016, Cubelogic have established a 40-plus client base, penetrated new industry sectors and employs over 90 people in multiple locations.
Lee Campbell, CEO, CubeLogic, says: “This investment is a key milestone in the CubeLogic journey. Our technology is second to none, but I believe that our success is based on a great business culture and an unrelenting commitment to innovation and customer satisfaction. We had a laser-sharp focus on finding a partner who bought into our vision and the way we operate. I have huge aspirations for the firm, and I am confident that GCP are the perfect fit to support us on our mission.”
Richard Shaw, Partner, Growth Capital Partners, says: “CubeLogic has exceptional technology and delivers the very best in enterprise risk management solutions. Their global client roster is very impressive and we are delighted to be supporting Lee, David and their high calibre international team with their exciting growth plans. We believe our unique partnership style and successful track record of working with fast growth software and technology services businesses will provide CubeLogic with the best possible support for further international expansion, whilst enabling the team to maintain its special culture and focus on quality.”
David Priestley, Executive Chairman, CubeLogic, says: “I am delighted for Lee and the team, this significant investment recognises the teams’ hard work and dedication. CubeLogic now has a huge opportunity to dominate the energy, commodity and financial services industries with advanced and innovative enterprise risk and compliance solutions. I am looking forward to what’s in store!”