Bow River Capital‘s software growth equity fund completed a majority recapitalization of Xyleme, a content management and creation lifecycle platform for Global 2000 organizations. CIBC Innovation Banking provided debt financing as part of the transaction, while Holland & Hart served as legal counsel to Bow River Capital.
Founded in 2004, Xyleme is behind the Studio, CDS and Plexie suite of cloud-based learning content and creation systems.
“We evaluated multiple private equity firms with our board of directors and felt the Bow River SGE partners and their strategic growth playbook support our vision for product and sales growth over the foreseeable future.” Greg Schottland, CEO of Xyleme, said. “Xyleme’s cloud-based platform is well positioned for triple digit growth and ready to rapidly scale up organically and inorganically.”
“We love to partner with high quality, compliance-centric SaaS companies, and we have never seen such a robust enterprise Fortune 100/500 customer base at this stage of a company’s lifecycle,” John Raeder, managing director and head of software investments for Bow River Capital’s SGE fund, said. “We will bring an arsenal of expertise, capital and proven operational talent to rapidly scale Xyleme into a clear market winner.”