Private Equity Track record
  • Civica
    Civica
    UK / Private Equity

    Software,Services

    Overview

    Civica is a leading software provider which significantly expanded its international presence and key product offering during our investment. Following our investment in 2008, through a public to private transaction, Civica continued its strong track record of organic growth in revenue and EBITDA, driven by a combination of sustained software sales from their market-leading product portfolio and the roll-out of cloud-based solutions in all markets. Further growth came from up-selling services to existing customers, including specialist outsourcing, such as its IT-enhanced BPO proposition.

    Highlights

    • Sales grew by over 80% from £127m to £230m
    • 10 acquisitions in the UK, Australia and New Zealand
    • Increased employees from 1,350 to over 2,000, approximately 60% of which are in the UK
    Key facts
    2.1x return
    +£60m Doubled international sales to over £60m in five years
    50% c.50% increase in employees
    “With 3i as a partner, we‘ve been able to strengthen the business as well as grow our footprint, both in the UK and internationally.” Simon Downing, CEO, Civica

    Regulatory information 
    This transaction involved a recommendation of 3i Investments plc.

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