On April 17, 2023, Insight Partners announced a public cash offer to the shareholders of SignUp Software to tender all their shares in SignUp at a price of SEK 104 per share. The shares in SignUp are admitted to trading on Nasdaq First North Growth Market. The total value of the offer amounts to approximately SEK 2,362 million.
Insight Partners is a global software investor partnering with high-growth technology and software companies. Insight has invested in more than 750 companies worldwide and has over USD 75 billion in regulatory assets under management. Headquartered in New York City, Insight has offices in London, Tel Aviv, and Palo Alto.
SignUp is a profitable growing software company offering an end-to-end solution for electronic accounts payable and invoice process automation. SignUp was founded in 1999 and is a global company headquartered in Stockholm. In 2022, SignUp had an annual recurring revenue of approximately SEK 250 million.
Insight Partners is advised by Mannheimer Swartling in connection with the offer.