SkySparc, a company known globally for its digital transformation solutions that help treasury and finance departments, has recently announced a significant partnership. They have received a majority growth investment from Bregal Milestone, a prominent European private equity firm focused on software. This collaboration is a testament to SkySparc’s ongoing commitment to its clients, employees, and partners, and it also opens up exciting opportunities for the company to grow and innovate globally.
For over twenty years, SkySparc has been a reliable ally for treasurers, chief financial officers, and various financial institutions as they navigate through changing times. From offering strategic advice to providing its unique software platform, OmniFi, SkySparc has built a strong reputation. They are recognized for their ability to combine deep industry knowledge with advanced technology to solve even the most complex problems in areas such as treasury, asset management, and capital markets. This new investment marks the beginning of an exciting new chapter for SkySparc, one that will build on its strong foundation.
Today’s treasury and finance leaders are facing increasing pressure from various challenges, including unpredictable markets, constantly changing regulations, and the urgent need for up-to-the-minute information. Many organizations struggle because their data is dispersed across multiple systems, including enterprise resource planning (ERP) systems, treasury management systems, and other financial platforms.
This fragmented data leads to inefficiencies, increases the risk of not complying with regulations, and limits their ability to see the whole picture. SkySparc helps its clients overcome these obstacles by simplifying reporting processes, automating reconciliations, enhancing visibility into cash flow, and enabling informed decisions based on solid data, all powered by the capabilities of artificial intelligence.
With the support of Bregal Milestone, SkySparc is poised to expand its global reach and solidify its position as a strategic partner to both clients and leading software providers. Together, they plan to broaden SkySparc’s offerings across the entire CFO’s office, covering everything from treasury and risk management to ensuring compliance, financial planning and analysis (FP&A), and optimizing working capital.
OmniFi, SkySparc’s specialized data integration and analytics platform, remains a key feature that distinguishes them. By transforming scattered financial data into valuable insights, OmniFi empowers clients to automate critical processes, identify unusual patterns, and make forecasts with greater confidence. This enables CFOs and treasurers to operate more efficiently and with reduced risk.
This partnership signifies both continuity and growth. SkySparc remains dedicated to the clients and industries it has served for over two decades, while simultaneously gaining new resources to enhance its innovation and expand its reach. For employees, it represents the next step in a journey of professional development, learning, and new opportunities, with SkySparc’s core mission and company culture remaining firmly in place.
KEY QUOTES:
“Our people across advisory, business technology, and software remain at the heart of SkySparc’s success. This investment is not about changing who we are; it’s about amplifying the impact we can make for our clients and partners and creating new opportunities for our talented team around the world. With OmniFi and Bregal Milestone’s partnership to support further growth, we are uniquely positioned to empower finance leaders with real-time insights, automation, and AI to transform how they operate.”
Joakim Wiener, CEO of SkySparc
“We are thrilled to partner with SkySparc. SkySparc is trusted by many of the world’s leading financial institutions and corporates, and we are excited to support Joakim and his talented leadership team as they scale globally. Together, we will cement SkySparc’s position as the go-to partner for CFOs and treasurers worldwide, and we will accelerate OmniFi’s AI-driven capabilities for mission-critical regulatory compliance and reporting, as well as predictive forecasting and intelligent automation.”
Cyrus Shey, Managing Partner at Bregal Milestone