Portfolio
  • Magnitude Logo - 500x367.png
    Magnitude
    North America / Private Equity

    Business & Technology Services

    Overview

    Magnitude's mission is to help companies turn their core business data into continuous intelligence, providing actionable insights to shorten the path from data to decision. It enables its customers to connect data across enterprise applications and business processes including supply chain, finance, manufacturing and distribution. 1,300 enterprises around the world trust Magnitude to put the power of their data into the hands of their business users. 

    The company has a portfolio of best-in-class products to integrate fragmented data and deliver actionable insights for critical business decisions, including:

    • Magnitude Angles: A process analytics suite that provides business reporting and analytics from SAP and Oracle ERP data that shorten the path from data to decision, giving business users the power to act swiftly and decisively across supply chain, finance, manufacturing and distribution
    • Magnitude Process Runner: A process automation tool that lets knowledge workers manage SAP data and automate complex data transactions directly from Microsoft Excel, improving productivity and reducing human error
    • Magnitude SourceConnect: A data integration solution to help businesses migrate to SAP's Central Finance Foundation platform by providing transaction replication and master data harmonisation from 15 third-party ERP platforms
    • Magnitude Simba: A data connectivity platform that allows enterprises and software vendors to access data from sources including leading SaaS applications, big data platforms, payment processing systems and cloud data warehouses 

    We invested in Magnitude in 2019 and look to accelerate its global growth ambitions through new product development, investments in sales & marketing, and additional M&A. 

    Highlights

    • Headquartered in Texas with global operations in the US, Canada, the Netherlands, UK and India
    • Growth tailwinds in data analytics and management sector, driven by need for enterprises to become "data-driven" to speed insights and decision-making 
    • Focus on innovation and new product development, with a number of recent new product launches
    • Refreshed brand identity and digital presence, enhanced go-to-market capabilities and new executives driving organic growth and increased pace of innovation
    “The Magnitude team is excited to partner with 3i to create a highly differentiated, global, enterprise software company in a dynamic market. 3i's global network will help accelerate Magnitude's growth organically and through M&A.” Jeff Shoreman, CEO, Magnitude

    Regulatory information 
    This transaction involved a recommendation of 3i Corporation, a US wholly owned subsidiary of 3i Group.

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