Sign In App provides a leading visitor management software solution to over 4,000 customers around the world. Based on its significant expansion potential, the company was approached by Providence Strategic Growth (PSG), a US based growth equity firm that partners with middle-market software and technology-enabled services companies.
Our corporate finance team was engaged to negotiate and structure the deal with PSG and to advise and guide the shareholders through the transaction and their ongoing role in the business, a process that was completely new for them.
Our role included negotiations and agreement of the Heads of Terms, building a deferred revenue model to support the valuation and leading discussions on final deal mechanics and commercial terms.
Ultimately, we were able to agree favourable terms for the shareholders and deliver significant value through the negotiations and completion process which may have otherwise been lost.
We successfully managed a cross-border multi-stream due diligence process to deliver the transaction on time which resulted in a deal in which both buyer and seller were extremely satisfied.
The Grant Thornton corporate finance team delivered a fantastic outcome for us with a true strategic partner. Mike and Gary were always available to deliver expert advice. I’m excited for the future as the transaction provides the business with the support and capital to needed achieve its full potential as a global player in the visitor management software sector.
Dan Harding Founder, Sign In App
