Deloitte Corporate Finance acted as exclusive financial advisor to Global Software in its majority recapitalization with Thompson Street Capital Partners. The transaction closed on May 2, 2016.

Raleigh, NC-based Global Software is a provider of Microsoft Excel-based automation and reporting software solutions, including its flagship product Spreadsheet Server. Spreadsheet Server enables users to access operational and financial data across multiple platforms from within an Excel spreadsheet to produce dynamic reports with powerful drill-down capabilities. Global Software supports more than 2,500 customers and 50,000 users across more than 50 countries in enterprises ranging from small businesses to Fortune 500 firms.

“DCF did an outstanding job assisting our team on its broad review of capital and strategic alternatives for our business,” said Ron Kupferman, founder and chairman of Global Software. “We are very pleased with the outcome and appreciate the valuable advice, hard work and determination DCF exhibited in helping us achieve our family and company objectives. Importantly, we feel as though we have identified the perfect new partner in Thompson Street, a firm with an outstanding reputation and excellent team and resources. We are excited about this new partnership and look forward to working together to achieve greater success in the future.”

“We’re very appreciative of the opportunity to have advised Global Software,” said Ron Rivera, managing director and U.S. leader of technology, media and telecommunications investment banking at Deloitte Corporate Finance. “We believe the company has many exciting growth opportunities ahead in its new partnership with Thompson Street.”

St. Louis-based Thompson Street is private equity firm focused on investing in founder-led, middle market businesses.