Globalization Partners Raises a $200M Funding Roud Led by Vista, Valued at $4.2bn

Led by Nicole Sahin, Chief Executive Officer and Founder, and Bob Cahill, President, Globalization Partners provides a global employment platform that simplifies remote team building by making it fast and easy for companies to hire anyone, anywhere, within minutes. The platform helps businesses outsource tasks associated with hiring people abroad, including tax, legal, accounting and administrative duties, through artificial intelligence-powered software. The company said it experienced a boom in business due partly to the movement of global workforces throughout the Covid-19 pandemic.

With approximately $1 billion in Annual Recurring Revenue, the company has served an active customer base including CoinDesk, TaylorMade and Chime and a partnership network that includes ADP TotalSource®, Kruze Consulting, Global Chamber®, London & Partners and others.

Vista is a leading global investment firm with more than $75 billion in assets under management as of December 31, 2020. The firm exclusively invests in enterprise software, data and technology-enabled organizations across private equity, permanent capital, credit and public equity strategies, bringing an approach that prioritizes creating enduring market value for the benefit of its global ecosystem of investors, companies, customers and employees.

Vista’s investments are anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions and proven, flexible management techniques that drive sustainable growth.

Source: Finsmes