Kaizen receives £42m investment from Guidepost Growth Equity
06 November 2024 UK
Image: sichon/stock.adobe.com
Kaizen has welcomed the completion of a £42 million minority investment from Guidepost Growth Equity, a Boston-based growth equity firm partnering with entrepreneur-led technology companies.
The investment will be used to accelerate product development, invest in go-to-market initiatives, expand in North America, and enhance its compliance technology.
This move represents Kaizen’s first external investment since it was founded in 2013 by CEO Dario Crispini.
As part of the investment, Gene Nogi, general partner at Guidepost, will join the Kaizen board of directors alongside two new independent directors, which are yet to be named.
Crispini says: “We are delighted to be partnering with Guidepost as we enter a new chapter in our evolution. Guidepost has a great track record in helping firms reach their full potential.”
Nogi adds: “Kaizen has transformed the transaction reporting and compliance market, helping the world’s largest financial institutions navigate and comply with an increasingly complex regulatory environment with heightened scrutiny from regulators.
“The company embodies everything we look for in an entrepreneur-led, capital-efficient, rapidly growing, and highly differentiated technology business operating within a large, dynamic market.”
Raymond James was the financial advisor on the investment and Norton Rose Fulbright acted as legal counsel to Kaizen.
Liberty Corporate Finance, Alvarez and Marsal and Crosslake also advised Kaizen. Choate Hall & Stewart and Stevens & Bolton acted as legal counsel to Guidepost.
The investment will be used to accelerate product development, invest in go-to-market initiatives, expand in North America, and enhance its compliance technology.
This move represents Kaizen’s first external investment since it was founded in 2013 by CEO Dario Crispini.
As part of the investment, Gene Nogi, general partner at Guidepost, will join the Kaizen board of directors alongside two new independent directors, which are yet to be named.
Crispini says: “We are delighted to be partnering with Guidepost as we enter a new chapter in our evolution. Guidepost has a great track record in helping firms reach their full potential.”
Nogi adds: “Kaizen has transformed the transaction reporting and compliance market, helping the world’s largest financial institutions navigate and comply with an increasingly complex regulatory environment with heightened scrutiny from regulators.
“The company embodies everything we look for in an entrepreneur-led, capital-efficient, rapidly growing, and highly differentiated technology business operating within a large, dynamic market.”
Raymond James was the financial advisor on the investment and Norton Rose Fulbright acted as legal counsel to Kaizen.
Liberty Corporate Finance, Alvarez and Marsal and Crosslake also advised Kaizen. Choate Hall & Stewart and Stevens & Bolton acted as legal counsel to Guidepost.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
