Login VSI, the company dedicated to maximizing the end-user experience of corporate software applications, announced that Wavecrest Growth Partners has successfully completed a significant growth investment in the company. The funding will be used to expand all aspects of the business, specifically sales, marketing, and product innovation.
Today’s modern businesses need a continuous understanding of the application experience delivered to their corporate users, especially with the increase of remote work around the world. Login VSI’s key product, Login Enterprise, is an automated testing platform that checks the performance and stability of business-critical applications deployed in on-premise data centers and in the cloud. After successfully measuring the risk for a client, Login VSI suggests suitable measures to reduce it.
Colin Doherty, Growth Partner at Wavecrest Growth Partners will also join the Login VSI board of directors as part of the transaction. SORTIS INVEST’s trusted Globalscope partners – Silverpeak, acted as financial advisor to Login VSI in the transaction.
Eric-Jan van Leeuwen, Login VSI CEO, said, “Silverpeak engaged with us in a process that was highly collaborative. They helped us find the right investment partner for Login VSI at this stage of our growth. Their team and process were transparent and insightful.”
Paddy MccGwire, Silverpeak Managing Partner leading the transaction said, “It has been a pleasure to work with Eric-Jan, Gerhard and the Login team, helping them bring in the right partner for the next chapter of their journey. The majority of new business is already in the US, and this investment will enable them to fully exploit the opportunity.”
ABOUT LOGIN VSI
Login VSI was formed in Amsterdam in 2012 and the company’s aim is to maximize the end-user experience for all digital workspaces. Login Enterprise is their flagship product, which is an automated testing platform that predicts performance, ensures business continuity and reduces risk. Login Enterprise tests the remote host of vital business applications, from their pre-production stage, through to the finished software. Currently, Login VSI has over 400 customers in 50 countries.
ABOUT WAVECREST GROWTH PARTNERS
Wavecrest Growth Partners is a growth equity firm founded in 2016, with a focus on investing in and partnering with leading B2B software and technology-enabled services companies. Having worked with 25+ growth companies in their journeys, they bring an experienced and practical team to helping companies navigate ahead and get to scale.
ABOUT SILVERPEAK
Silverpeak is an investment banking firm with offices in London, Paris, Milan, San Francisco and Shanghai, dedicated to providing outstanding independent advice on M&A and financing transactions to outstanding growth technology companies. They combine a deep understanding of the technology sector and its specific dynamics with sophisticated negotiation capabilities, to achieve optimal results for their clients. Silverpeak is a member of Globalscope Partners.
ABOUT SORTIS Invest
SORTIS Invest is an investment banking boutique, based in Sofia, Bulgaria, part of SORTIS Group. It is a member of Globalscope Partners, a global family of 55 independent M&A firms in 46 countries with a team of 650 professionals and more than 10,000 completed mergers and acquisitions and private equity deals worldwide. SORTIS Invest advises companies on mergers & acquisitions and fundraisings, as well as valuations and financial modelling of business cases. SORTIS Invest has a broad partner network and extensive experience in the fields of corporate finance, mergers & acquisitions.
SORTIS Invest has advised clients in various sectors including Telecommunications, Media and Technology (TMT), financial services, food and beverages, life sciences, chemicals, education, defense, manufacturing, energy, mining, transport and logistics, hospitality and real estate.
