“Forward again provided valuable support to on this transaction. Their ability to quickly collate the data, analyse and present the information helped us to really understand the business before we moved into detailed due diligence.”
| Date: | December 2021 |
|---|---|
| Project: | Acquisition Support |
| Sector: | Tech & Media |
| Role: | Financial analysis and modelling support for the acquisition |
Forward is delighted to continue its relationship with Horizon Capital, supporting the firm on its investment in BP3 Global, its third new platform investment in 2021.
Founded by Lance Gibbs and Scott Francis, BP3 Global is a European and North American provider of intelligent automation services and solutions. The Company has over 130 employees globally and plans further growth in the intelligent automation market with a particular focus on intelligent document processing, robotic process automation, and intelligent process automation. BP3 also plans to expand into new markets to provide clients around the world with more focus, more foresight, more follow-up approach to every engagement.
The new investment will accelerate BP3’s organic growth and includes significant follow-on funding to support the company’s ambition to complete multiple acquisitions in the growing and fragmented market.
Forward provided financial support to Horizon on the transaction, collating financial data, assessing historical performance and KPIs, and building a fully integrated financial model to feed into the due diligence process.