Case Study

Appetize Technologies

New Commitment

The company

Region: USA
Sector: Information Technology
Stage: Growth equity
Type: Co-investment
Highlights:

                                £1.5m
Commitment

Private Equity Manager (GP)

Case study

About the company

Appetize Technologies is a provider of cloud-enabled point of sale, digital ordering and enterprise management software for multi-unit restaurants, sports and entertainment venues, education campuses, convention centres, theme parks, travel and leisure attractions, and more.

Why invest

Appetize Technologies’ business model is based on long-term contracts with a stable enterprise client base. Shamrock Capital Advisors (“Shamrock”) saw an opportunity to invest in a business exhibiting multiple avenues for growth through increased channel penetration, cross-selling and international expansion.

Shamrock has a deep knowledge of the company, having owned Appetize Technologies through a prior fund.

Our relationship

Pantheon has an active co-investment relationship with Shamrock Capital Advisors and PIP, through the Pantheon platform, has completed four co-investments alongside the manager.

Active management

Pantheon was one of two co-investors approached by Shamrock due to the deal complexity and the speed of execution required.

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The information contained on this website is communicated by Pantheon Ventures (UK) LLP, a limited liability partnership incorporated in England and Wales, authorised and regulated by the Financial Conduct Authority in the United Kingdom under laws that differ from Australian laws. The Company does not hold an Australian financial services license that authorises it to provide advice in relation to the acquisition of securities in the Company. Pantheon Ventures (UK) LLP is exempt from the requirement to hold an Australian financial services licence under the Corporations Act 2001 (“Corporations Act”) in respect of the provision of financial services to wholesale clients in Australia. Pantheon Ventures (UK) LLP relies on the Corporations (Repeal and Transitional) Instrument 2016/396, which grants transitional continuance relief to foreign financial services providers relying on Australian Securities and Investments Commission Class Order 03/1099 in order to provide financial services to wholesale clients in Australia. This website and the information contained on it is intended only for persons in Australia who are both wholesale clients under section 761G of the Corporations Act 2001 (Cth) and professional investors or sophisticated investors for the purposes of section 708 of the Corporations Act.

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