Based out of Berlin, Signavio, a leading provider of business transformation solutions, announced a $177 million investment led by Apax Digital, the growth equity team of Apax Partners, with participation from DTCP. Existing investor Summit Partners will retain an equity stake in the business.
This new investment will be used to accelerate international expansion and to further invest in Signavio’s product suite. Having said that, the transaction is expected to close later this year, subject to regulatory approvals.