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.
“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
This transaction involved a recommendation of 3i Investments plc.