Investment to accelerate growth of market-leading mobile workforce platform and expand geographical footprint
BigChange, the leading mobile workforce management technology company for the service and transport sectors, announced that Great Hill Partners, the growth-oriented private equity firm behind Wayfair, ZoomInfo, and Reward Gateway, has invested significant capital to drive further growth and innovation.
BigChange’s management team, led by founder and CEO Martin Port, will retain a significant minority stake in the company, which is now valued at £100 million. This team will continue to lead the business as it moves into the next phase of development.
“I founded BigChange to revolutionize mobile workforce management and bring it into the 21st century,” said Martin Port. “Our platform eliminates paperwork, dramatically cuts carbon, creates efficiency, promotes safer driving, and means that engineers are spending less time on the roads or filling out forms and more time completing jobs. We are incredibly excited to partner with Great Hill and leverage their successful track-record scaling vertical and enterprise software companies both in the UK and overseas.”
A substantial tranche of this investment will be put towards innovation and product development as the Company expands into new territories, and drives additional growth within the UK to maintain its trajectory across large, valuable end markets such as the US, continental Europe, and Asia Pacific.
Read more at: PR Newswire
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