Kyriba Announces Planned $160M Growth Round Led by Bridgepoint
https://www.businesswire.com/news/home/20190327005857/en/
SAN DIEGO--(BUSINESS WIRE)--Mar 27, 2019--Kyriba, the global leader in cloud treasury and finance solutions, today announced that it is in advanced talks with Bridgepoint, an international private equity group focused on investing in market-leading businesses, to receive a $160M investment round to accelerate innovation and growth of its enterprise platform. The deal, once closed, would give Bridgepoint a majority stake in the business, and value Kyriba at $1.2 billion. Daher Capital, Iris Capital and Kyriba Chairman and CEO Jean-Luc Robert will remain as investors in the company.
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