BP3 Global, an Austin,Texas based provider of intelligent automation services and solutions, today announced a significant investment agreement with Horizon Capital, a private equity investor specializing in technology and business services. The purpose of this investment is to accelerate BP3’s organic growth and acquisition strategy.
“The market for Intelligent Automation could not be hotter than it is right now. Staffing shortages and supply chain disruptions have only further increased the pressure to bring automation into every business” Said BP3 CEO, Scott Francis “With this investment from Horizon, BP3 will have the opportunity to grow our business rapidly. Horizon is the perfect partner for our next phase; we knew we wanted to work with a firm that shared our obsession with client success and we believe we found that in Horizon Capital.”
With Horizon Capital’s $33Million growth investment, BP3 plans further growth in the intelligent automation space with a particular focus on intelligent document processing,robotic process automation, and intelligent process automation. BP3 plans to expand into new markets to provide clients around the world with a more focus, more foresight, more follow-up approach to every engagement.
“We have spent several years researching the intelligent automation space and BP3 emerged as a clearleader for our investment thesis.” said Tom Maizels, Director at Horizon Capital. “BP3 has built a world class automation organization. We look forward to working hand in hand with the BP3 Global management team to grow the organization through targeted acquisitions and organic expansion.”
With this announcement Horizon Capital will appoint Simon Hitchcock, Managing Partner of Horizon Capital, and Thomas Maizels, Director at Horizon Capital, to the BP3 board of directors.
“We love that Horizon Capital shares our vision for delighting our clients every step of the way. We are looking forward to continuing to solve our clients biggest automation challenges and showing them ‘There’s a Faster Way to do that®’..” said BP3 CEO, Scott Francis
You can read the full press release here.