
Susquehanna Growth Equity invests $35m in Poppulo
US-based investment firm Susquehanna Growth Equity has invested $35m in Ireland-based internal communications software developer Poppulo.
The fresh capital will be used to accelerate the company's international expansion plans, according to a statement.
Poppulo said that 20% of the largest employers in the US are Poppulo customers, while the proportion in Europe is 30%. Its customer base includes Unilever, Bank of America, Nestlé, Johnson Controls, Rolls-Royce and Boston Scientific.
Company
Poppulo makes software to manage the internal communications of large corporates. It was founded in 2012 and is headquartered in Cork, Ireland.
People
Susquehanna Growth Equity – Jonathan Klahr (managing director).
Poppulo – Andrew O'Shaughnessy (CEO).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater