GCP takes minority in CubeLogic
Growth Capital Partners has taken a minority stake in enterprise risk management service CubeLogic.
The firm is currently investing from Growth Capital Partners Fund IV, which closed on £205m in July 2017. The fund was 75% deployed in September 2019. GCP's investment size ranges from £5m to £40m.
The investment will go towards hiring a number of key executives.
Previous funding
OpenLink acquired the CubeLogic in August 2012. CubeLogic’s management team completed a buy-back from OpenLink in 2016.
Company
Founded in 2009, CubeLogic is a provider of enterprise risk management services for the energy, commodities and financial markets. Based in London, the company employs 75 people.
People
Growth Capital Partners – Richard Shaw (partner).
CubeLogic – Lee Campbell (CEO).
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