mars 2022
Phrasee
Results Has Advised Phrasee on its Significant Investment from capital D
Results is delighted to have acted as the exclusive financial advisor to Phrasee and its shareholders on the acquisition of a majority stake in Phrasee by capital D, the next generation private equity fund manager investing in disruptive mid-market businesses across Europe. In addition, investment funds managed by Morgan Stanley Expansion Capital, together with a group formed by Keyhaven Capital Partners and family offices invested alongside capital D. The capital D consortium have acquired a 64% stake in Phrasee with the founders and management holding the remainder.
This transaction represents another impressive outcome that Results has delivered for fast growth software companies.
Founded in 2015, London-based Phrasee is an AI-powered SaaS platform that revolutionises customer communication through brand language optimisation. Phrasee is disrupting the traditional role of the human copywriter/marketeer using data science and a powerful proprietary natural language generation engine to generate, automate and optimise marketing language in real-time with superior performance.
Phrasee’s platform optimises e-mail, SMS, web and social media campaigns, by providing AI-generated optimised and brand safe language to clients, driving higher open rates, clicks-through and sales. Phrasee’s clients are typically large, well-known enterprises across multiple business sectors in the United States of America and Europe.
As a result of the transaction, the consortium led by capital D will partner with Phrasee’s founders Parry Malm, Vic Peppiatt and Neil Yager to support the Company on the next phase of its impressive growth journey. The capital D consortium plan to support further development of Phrasee’s products across a wider range of customer-journey touch-points and media channels, as well as to enhance its commercial organisation both in direct enterprise sales and customer success, and through establishing software vendor partnerships. This investment will also support Phrasee’s further expansion in the USA, a market already responsible for more than 60% of the Company’s sales.
Results, with a team led by Julie Langley, Mark Williams, William Garbutt, Ramanan Thavendran, and Vinay Saraiwala, served as the exclusive financial adviser.
More Like This
-
Sunstone Partners
Financial Advisor to Sunstone Partners on its Strategic Investment in KMS Technology
-
£225m
Aquis Exchange PLC
Joint Broker to Aquis Exchange PLC on its £225 million Recommended Offer by SIX Exchange Group AG
-
Northern Commerce
Financial Advisor to Northern Commerce on its Strategic Investment from Beringer Capital