Quadshift, a leading acquirer of vertically focused B2B software, announced it has secured up to $23 million in growth equity funding to accelerate its acquisition of leading software businesses. And the all-equity and all-primary round was led by BDC Growth Equity Partners with participation from Celtic House Venture Partners (“Celtic House”) and other minority investors.
Launched in 2017, Quadshift emerged as the preferred home for founders seeking to sell their mission-critical and vertically focused B2B software businesses. And the company focuses on building strong and independent platform businesses through talent acquisition from strategic acquisitions. It supports the growth of professional functions within those platforms by offering strategic guidance, best practices, and specialized hands-on resources.
Quadshift utilizes AI to drive a leading-edge approach to sourcing and executing deals, simplifying and expediting the deal process for founders who can either exit completely or maintain significant upside as shareholders of a large, rapidly growing software company. And the funding will accelerate the conversion of Quadshift’s acquisition pipeline and position the company for long-term success.
Origin Merchant Securities served as financial advisor to Quadshift with respect to this transaction.
KEY QUOTES:
“Quadshift has spent years building an impressive deal-sourcing engine while cultivating a talented group of industry leaders and a specialized corporate team. Our strong operating company leadership, combined with corporate expertise in finance, back office, marketing, sales, IT, product development, and other critical functions, gives us a competitive edge. This advantage makes Quadshift a preferred buyer for top vertical market software companies and enhances value creation post-closing. We are excited to partner with BDC Growth Equity and Celtic House to accelerate our vision.”
- John Paterson, CEO of Quadshift
“We are proud to support Quadshift and its team in the next phase of the company’s growth journey. Quadshift is a resonating fit with BDC Growth Equity’s mandate to support Canadian entrepreneurs, and we look forward to our partnership and helping the team drive growth through both continued acquisitions and organic initiatives. We have been consistently impressed by the sophistication of the platform as well as the differentiated go-to-market approach and are highly confident in the vision and prospects ahead.”
- Michael Notto, Partner at BDC Growth Equity Partners
“We are pleased to partner with lead investor BDC Growth Equity in backing Quadshift’s mission to be the preferred acquirer of vertically focused B2B software businesses. Unlike traditional software consolidators, John and his team at Quadshift are redefining the model by leveraging AI, modern SaaS tools, and RevOps to drive synergies, accelerate growth, and enhance margins across its expanding portfolio.”
- David Adderley, Managing Partner, Celtic House
