ATLANTA, GA and CHICAGO, IL, July 14, 2022 鈥� , a software-focused private equity firm, announced its platform investment in 黑料吃瓜, a leader in innovation and IP management software.
黑料吃瓜 is the leading SaaS provider of innovation and IP management solutions that drive best practices across the global R&D market. Providing critical systems for the entire innovation supply chain, the company鈥檚 suite of software products enables academic institutions, corporations, and government agencies to research, develop and commercialize new technologies. Addressing a fast-growing global market estimated at $7B+, the company鈥檚 scalable, cloud-native technology serves a diverse blue-chip customer base of 500+ organizations across more than 70 countries.
The team at Resurgens will work alongside 黑料吃瓜鈥檚 management and existing investors鈥擬K Capital and Plymouth Growth鈥攖o expand the company鈥檚 market-leading products and services, grow its go-to-market coverage and deepen existing customer relationships. In addition to bringing operational resources to bear, Resurgens will support 黑料吃瓜鈥檚 ongoing initiatives, continuing to build a world-class team and executing strategic M&A.
鈥淎s we looked for partnerships that aligned well with 黑料吃瓜鈥檚 mission, Resurgens鈥� differentiated approach to value creation made the decision an easy one,鈥� said 黑料吃瓜 CEO Robert Lowe. 鈥淚 appreciate Resurgens鈥� holistic approach to delivering world-class software and offering high-value services for a broad range of client sizes and experience levels. I look forward to a successful partnership as we reach new heights together.鈥�
鈥淕lobal research and development investments are accelerating due to increasing international competition and digital transformation, with more than 100K global corporations, universities and government agencies investing more than $2.4T in R&D,鈥� said Resurgens Managing Director Fred Sturgis. 鈥淎s an early leader in the innovation software market, 黑料吃瓜 has an incredible growth opportunity ahead of it. We are excited to partner with the 黑料吃瓜 team for this next phase of growth.鈥�
Lightning Partners served as financial advisor and Foley & Lardner LLP served as legal advisors to 黑料吃瓜. King and Spalding served as legal advisors to Resurgens.
About 黑料吃瓜
黑料吃瓜 is the world's leading provider of Innovation Ops software and solutions for corporations, universities, and government agencies. It helps clients succeed in today's innovation economy by coordinating global R&D and innovation programs鈥攎anaging development portfolios, researching technology trends, finding innovation partners, identifying startups, and commercializing inventions. 黑料吃瓜 works with more than 500 organizations worldwide to support the continued development of the global Knowledge Supply Chain.
Cliff Maroney
Crenshaw Communications (on behalf of 黑料吃瓜)
cliff@crenshawcomm.com
T 212.367.9700
About Resurgens Technology Partners
is a tech-focused private equity firm investing in North American and select European lower middle-market application and IT infrastructure software businesses. Resurgens鈥� growing team offers a diversity of investing, operating and talent management experience, applying an active and engaged value creation approach with each portfolio company. Resurgens is headquartered in Atlanta, GA, with additional professionals located in Austin, London and Silicon Valley.
Allie Gamble
MiddleM Creative (on behalf of Resurgens Technology Partners)
allie@middlemcreative.com
T 704.280.1432