Bloom Equity Partners

In this week's Bi-Weekly Bloom, we explore how SaaS companies are gaining a competitive edge by adopting Agile methodologies. Through real-world examples and insightful data from McKinsey & Company, we highlight the benefits of Agile in product development and the steps to successfully implement these methodologies. Read more by clicking below.?

Bloom Equity Partners is pleased to announce the successful take-private of GRC International Group (GRCI) from the London Stock Exchange’s AIM. GRCI is a leading provider of governance, risk and compliance (“GRC”) solutions that include a full range of consulting services, training, content, and software, serving thousands of customers across the UK, European and North American market. “Bloom Equity is excited to drive GRCI’s next phase of growth," said Bart Macdonald, Managing Partner of Bloom Equity. "With this investment, GRCI is well positioned to further expand its services, addressing critical IT and cybersecurity compliance needs through its comprehensive solutions.?GRCI is a well-respected leader and we see immense potential in their differentiated, full-solution approach. We are grateful to the GRCI leadership team for trusting Bloom as a partner in growth during this exciting next chapter.” "The completion of this complex take-private transaction highlights Bloom Equity’s ability to identify and unlock value in exceptional businesses with untapped potential," said Jeffrey Hsiang, Partner at Bloom Equity. "After thorough diligence, we are highly confident in GRCI’s growth prospects and look forward to leveraging Bloom’s global resources and industry expertise to drive its continued success." More: https://lnkd.in/e3WK2msF

The Bloom Equity Partners team is #hiring a Marketing Advisor/Consultant for a new portfolio company in the data management space. This person will work closely with the company’s product development, sales, and marketing teams to translate their refined product strategy into clear go-to-market messaging. We would love to speak to you if you are a good match with the job description below. Apply today or share this post with your network!

Bloom Equity Partners: 2024 Year-to-Date Update We are pleased to share several key achievements from the first three quarters of 2024 - a period of transformative growth and success for Bloom Equity Partners. Strategic Team Expansion: We have bolstered our leadership and promoted key talent, positioning Bloom Equity for continued success in driving value creation across our portfolio. New Headquarters: Reflecting this team growth, we have relocated to a larger office in New York City, providing the space to better serve our partners and foster our team’s collaboration and innovation. Notable Exit: We are proud to announce the successful sale of Viostream, demonstrating our commitment to creating value through strategic and operational improvements and ability to successfully navigate a difficult economic environment We remain ever grateful for the continued support of our partners and investors.? Read the full update here: https://lnkd.in/e7wYxQvK?

We offer key insights from SEG's 2Q24 SaaS M&A and Public Market Report in this week's Bi-Weekly Bloom. The report showcases steady deal volume, rising valuations, and a positive market outlook for the rest of the year. Click below to learn more about the trends driving SaaS M&A as we approach 2025. #SaaS #M&A #PrivateEquity Thank you Software Equity Group for content this week. https://lnkd.in/e5gui53v

In this Bi-Weekly Bloom, we explore the pivotal role Customer Success Teams play in driving sustainable growth for SaaS businesses. From enhancing customer retention to identifying new revenue opportunities, effective customer success strategies are key to scaling your operations. Click below to discover how your team can optimize these efforts to achieve long-term success. #SaaS #CustomerSuccess

In this week's Bi-Weekly Bloom, we discuss how private equity is facing challenges as high borrowing costs and rising interest rates disrupt the industry’s playbook. Firms are having to get creative with lower-leverage deals, operational improvements and strategic add-ons to ensure the continuation of high rates of return. ? Portfolio companies are feeling the squeeze too, cutting costs and delaying exits to navigate this tougher landscape. Yet, with deal activity bouncing back in Q2 2024, PE firms are proving they can adapt and thrive even in a high-cost environment. Click below to understand what you need to watch. #PrivateEquity #InterestRates #ValueCreation ? Thanks PitchBook, Vendr and EY for content this week!

Want to build software that users love? In this week's Bi-Weekly Bloom, we discuss best practices in leveraging customer feedback!?Customer feedback can help your company to spot improvement areas, validate decisions, discover hidden needs and boost satisfaction. Read more by clicking below. Thanks to McKinsey & Company for content this week! ? #CustomerFeedback #ProductDevelopment #PrivateEquity #Saas #CustomerSuccess

Bloom Equity Partners is pleased to announce the sale of Viostream, a leading provider of secure, live streaming and on-demand video software solutions, to Banyan Software.?Since its inception in 2002, Viostream has been instrumental in empowering government entities and large corporations with its highly scalable video content management and streaming platform. “We are proud to have supported Viostream’s growth as a leading enterprise video solution and to have celebrated the many successes achieved during our partnership,” said Bart Macdonald, Managing Partner of Bloom Equity Partners. During Bloom Equity’s ownership, Viostream achieved significant financial and operational performance improvements, undergoing a comprehensive rebranding and enhancing its competitive positioning. These efforts have laid a strong foundation for its continued growth during this next chapter of stewardship. Despite a challenging economic environment, Bloom Equity is proud to have delivered strong returns to our investors. Bloom Equity looks forward to watching Viostream’s continued success. More: https://lnkd.in/duSXFhny

In this Bi-Weekly Bloom, we delve into how private equity firms are driving massive digital transformations in their software companies. From real-time analytics to cloud solutions, these firms enhance efficiency, revenue and give them a competitive edge. Click below to learn more about how PE-backed digital transformation is reshaping the software industry. ? Thanks to McKinsey & Company, Forbes and S&P Global for content this week. ? #SaaS #DigitalTransformation #PrivateEquity #ValueCreation