Kaizen receives 拢42m investment from Guidepost Growth Equity
06 November 2024 UK
Image: sichon/stock.adobe.com
Kaizen has welcomed the completion of a 拢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鈥檚 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: 鈥淲e 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.鈥�
Nogi adds: 鈥淜aizen has transformed the transaction reporting and compliance market, helping the world鈥檚 largest financial institutions navigate and comply with an increasingly complex regulatory environment with heightened scrutiny from regulators.
鈥淭he 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.鈥�
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鈥檚 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: 鈥淲e 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.鈥�
Nogi adds: 鈥淜aizen has transformed the transaction reporting and compliance market, helping the world鈥檚 largest financial institutions navigate and comply with an increasingly complex regulatory environment with heightened scrutiny from regulators.
鈥淭he 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.鈥�
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.
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