Latest news with #OnePeak
Business Wire
5 days ago
- Business
- Business Wire
One Peak Makes 6x Return on Sale of Leading AI-Driven Legal Operations Platform Brightflag to Wolters Kluwer
LONDON--(BUSINESS WIRE)--One Peak, a leading specialist growth equity investor, announces that it has entered into a definitive agreement to sell its interest in Shine Analytics Limited ('Brightflag') to Wolters Kluwer (Euronext: WKL), a global leader in information solutions, software and services for professionals. Brightflag is the leading AI-driven legal operations platform, enabling corporate legal departments globally to drive visibility, automation and cost-control across the legal function. One Peak made a significant minority investment in Brightflag in December 2020, backing a strong and experienced management team led by Ian Nolan and Alex Kelly, with the goal of building a category-defining leader within the large and rapidly growing enterprise legal management market. One Peak partnered closely with Brightflag to accelerate growth through international expansion and AI-led product innovation, establishing Brightflag as the leading AI-driven legal operations platform globally and growing revenues more than 5x since One Peak's investment. Ian Nolan, Co-Founder and CEO of Brightflag, said 'We're incredibly proud of what we have achieved over the past years and One Peak has been instrumental in helping us realize our global ambitions. The One Peak team's deep knowledge of the legal technology sector and their growth-oriented operational expertise has been invaluable to our success and expansion.' Alex Kelly, Co-Founder and COO of Brightflag, added 'From the early days of our partnership, One Peak distinguished itself as a trusted and passionate supporter of our vision. They've stood by us through thick and thin, bringing not only a deep understanding of our business and product but also acting as invaluable sparring partners at every stage. We're deeply thankful for their belief in Brightflag and the collaborative spirit they brought to our journey.' Humbert de Liedekerke Beaufort, Co-Founder and Managing Partner of One Peak, added 'It has been a true privilege to partner with Ian, Alex, and the entire Brightflag team on their incredible journey. From day one, their vision, drive, and unwavering commitment to transforming legal operations set them apart. We're proud to have played a part in their growth story and are deeply grateful for the trust, collaboration, and shared ambition that defined our partnership. We wish them continued success in this exciting new chapter.' The transaction is subject to customary closing conditions and is expected to complete in June 2025. Brightflag and its shareholders were advised by William Blair, Proskauer Rose and Maples. About One Peak One Peak is a leading specialist growth equity firm that invests in technology companies in the scale-up phase. One Peak provides growth capital, operating expertise, and access to its extensive network to exceptional entrepreneurs, with a view to help transform innovative and rapidly growing businesses into lasting, category-defining leaders. One Peak's investments include Akur8, Ardoq, Cymulate, Deepki, Docplanner, Iplicit, Keepit, Lucca, Neo4j, PandaDoc, Spryker, and many others. To learn more, visit
Yahoo
5 days ago
- Business
- Yahoo
One Peak Makes 6x Return on Sale of Leading AI-Driven Legal Operations Platform Brightflag to Wolters Kluwer
LONDON, May 29, 2025--(BUSINESS WIRE)--One Peak, a leading specialist growth equity investor, announces that it has entered into a definitive agreement to sell its interest in Shine Analytics Limited ("Brightflag") to Wolters Kluwer (Euronext: WKL), a global leader in information solutions, software and services for professionals. Brightflag is the leading AI-driven legal operations platform, enabling corporate legal departments globally to drive visibility, automation and cost-control across the legal function. One Peak made a significant minority investment in Brightflag in December 2020, backing a strong and experienced management team led by Ian Nolan and Alex Kelly, with the goal of building a category-defining leader within the large and rapidly growing enterprise legal management market. One Peak partnered closely with Brightflag to accelerate growth through international expansion and AI-led product innovation, establishing Brightflag as the leading AI-driven legal operations platform globally and growing revenues more than 5x since One Peak's investment. Ian Nolan, Co-Founder and CEO of Brightflag, said "We're incredibly proud of what we have achieved over the past years and One Peak has been instrumental in helping us realize our global ambitions. The One Peak team's deep knowledge of the legal technology sector and their growth-oriented operational expertise has been invaluable to our success and expansion." Alex Kelly, Co-Founder and COO of Brightflag, added "From the early days of our partnership, One Peak distinguished itself as a trusted and passionate supporter of our vision. They've stood by us through thick and thin, bringing not only a deep understanding of our business and product but also acting as invaluable sparring partners at every stage. We're deeply thankful for their belief in Brightflag and the collaborative spirit they brought to our journey." Humbert de Liedekerke Beaufort, Co-Founder and Managing Partner of One Peak, added "It has been a true privilege to partner with Ian, Alex, and the entire Brightflag team on their incredible journey. From day one, their vision, drive, and unwavering commitment to transforming legal operations set them apart. We're proud to have played a part in their growth story and are deeply grateful for the trust, collaboration, and shared ambition that defined our partnership. We wish them continued success in this exciting new chapter." The transaction is subject to customary closing conditions and is expected to complete in June 2025. Brightflag and its shareholders were advised by William Blair, Proskauer Rose and Maples. About One Peak One Peak is a leading specialist growth equity firm that invests in technology companies in the scale-up phase. One Peak provides growth capital, operating expertise, and access to its extensive network to exceptional entrepreneurs, with a view to help transform innovative and rapidly growing businesses into lasting, category-defining leaders. One Peak's investments include Akur8, Ardoq, Cymulate, Deepki, Docplanner, Iplicit, Keepit, Lucca, Neo4j, PandaDoc, Spryker, and many others. To learn more, visit View source version on Contacts For all media inquiries, please contact Olivia Ewin at pr@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
09-04-2025
- Business
- Yahoo
Fintech firm Hawk secures $56m in Series C funding
Hawk, a provider of AI-based solutions for anti-money laundering (AML), fraud detection, and screening, has secured $56m in a Series C funding round. The round was spearheaded by One Peak, with backing from existing investors such as Macquarie Capital, Rabobank, BlackFin Capital Partners, Sands Capital, DN Capital, Picus, and Coalition. One Peak co-founder and managing partner David Klein said: 'The value that Hawk delivers to AML and fraud teams around the world is truly remarkable. 'Financial institutions of all sizes attest to Hawk's ability to deliver impressive results, exceptional reliability and collaborative support. 'Hawk's technology enables banks to take a much more efficient approach to fighting financial crime, and we're very excited to be backing Hawk's world-class team in their next leg of explosive growth.' The newly acquired funds will fuel Hawk's efforts in further developing its products and expanding its presence globally, with focus on the US. Currently, Hawk has a customer base of more than 80 clients worldwide, ranging from prominent Tier 1 banks to mid-sized financial institutions and fintech firms. Utilising AI, Hawk enables banks to move away from outdated, rules-based methods of detecting money laundering and fraud. Traditional systems often overwhelm compliance teams with a high volume of false positives, which need to be manually reviewed, leading to costly operational inefficiencies. Such legacy systems create major challenges for compliance departments, including the need to handle excessive numbers of false alerts. This often leads to staffing issues and escalates the cost of operations. Hawk claims that its AI-powered technology increases detection accuracy, helping to uncover more financial crimes while minimising the number of false positives. Hawk CEO Tobias Schweiger said: 'Every financial institution that wants to reduce compliance workloads and increase the accuracy of risk detection should be using AI to achieve those goals. 'The results are compelling—we've been able to increase alert accuracy to almost 90% in some cases, while significantly cutting false positives. 'We're also uncovering twice as many previously undetected cases of 'novel' criminal activity.' "Fintech firm Hawk secures $56m in Series C funding" was originally created and published by Retail Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
19-02-2025
- Business
- Yahoo
Keepit Achieves Exceptional Growth in a Tough 2024 Market
Expanded footprint, new partnerships, new funding and recognitions define a year of success for data protection specialist COPENHAGEN, Denmark, February 19, 2025--(BUSINESS WIRE)--Keepit, the world's only independent vendor of cloud backup and recovery solutions designed to protect SaaS data, today announced a remarkable year of growth and innovation, marking its position as a key player in the SaaS data protection space. The company has achieved significant milestones, including record revenue growth, strategic expansions, and numerous industry accolades. "Continuous dialog with customers, partners, and the community, along with an agile product development organization, is key to our success and ability to attract investments— propelling Keepit to new heights," said Morten Felsvang, Keepit Co-founder and Chief Executive Officer. Revenue growth and customer retention Keepit's financial performance makes it one of the fastest growing SaaS companies in its market, with a robust business momentum. Growth is fueled by strong customer loyalty, as evidenced by an impressive customer retention rate — a direct result of the trust and value customers place in Keepit's solutions. Recent funding boost In December 2024, Keepit secured a $50 million investment round led by existing investor One Peak and EIFO, the Export and Investment Fund of Denmark. "This funding underscores the confidence in Keepit's mission to protect SaaS data globally and accelerates the company's ability to innovate and expand its operations across key markets. The investment will enable Keepit to strengthen its leadership position, enhance its product offerings, and scale our global team to meet increasing demand," adds Morten Felsvang. Strategic global expansion: New offices in London and Paris In 2024, Keepit significantly expanded its global footprint to support its growing customer base and market demand: United Kingdom: In January 2024, Keepit opened its first London office in the City to serve its rapidly growing UK and Ireland presence. Additionally, the company established a presence in Scotland, to further strengthen regional support. Southern Europe: In October 2024, Keepit inaugurated its Paris office to spearhead its go-to-market strategy in France, Italy, and Spain, led by Regional Vice President Thierry Bedos. The opening of offices in these two key markets marks a commitment to have a local presence to support partners and customers in the regions. Data center strategy: Two new data centers in Switzerland In 2024, Keepit opened two new data centers, underscoring Keepit's commitment to providing the fastest, most secure and efficient service to its growing customer base and partner network in all regions – this time in Switzerland. Keepit now operates data centers in seven regions, always guaranteeing data sovereignty and compliance. Executive leadership expansion Keepit bolstered its leadership team with key executive appointments to drive its strategic initiatives, including: Kim Larsen, Chief Information Security Officer (CISO) Michael Amsinck, Chief Product Officer (CPO) Fahad Qureshi, Vice President of Americas Thierry Bedos, Regional Vice President of Southern Europe Liz Barnhart, Vice President of Global Alliances Expanding partner ecosystem Keepit's success is further amplified by its growing global partner network, which delivers unparalleled SaaS data protection solutions across multiple regions: Americas: Collaborations with Alchemy Technology Group, P1 Technologies, Centre Technologies, and Movti have strengthened Keepit's footprint in the US and Latin America. ANZ: Partnerships with Vectec, blueAPACHE, and CSW-IT have positioned Keepit as a key player in Australia and New Zealand. EMEA: Partnerships across DACH, Benelux, Nordics, UK, and Southern Europe—including Komposite, SPIE ICS, Nunsys, and Omega Peripherals—have expanded Keepit's reach in Europe. Industry awards and recognitions In 2024, Keepit's innovative solutions and commitment to excellence were given industry recognition through 17 prestigious awards, including 13 in FY24 alone. Notable recognitions include: Cybersecurity Breakthrough Awards Cloud Security Awards Global Infosec Awards (4 total): "Most Innovative Compliance," "Publisher's Choice Cyber Resilience," "Best Product Data Recovery," and "Hot Company Ransomware Recovery" G2 Leader EMEA and Global Leader Keepit also received analyst recognition from Spark Matrix, as a "Leader for Cloud Data Protection for SaaS Applications" further cementing its reputation in the space. Commitment to partners: Launch of Keepit Partner Network Keepit introduced the Keepit Partner Network in 2024, empowering partners to deliver innovative SaaS backup and recovery solutions. These initiatives underscore Keepit's commitment to fostering collaboration and driving mutual success. Vision for 2025 and beyond Looking ahead, Keepit is poised to accelerate its global expansion strategy, prioritizing key markets across the Americas and Europe, and other high-growth regions. Keepit also plans to intensify its focus on product innovation, delivering intelligent resilience and recovery through broader workload coverage, as well as deeper data management and intelligence capabilities for the enterprise. The company will continue strengthening its partner ecosystem while delivering cutting-edge solutions to safeguard SaaS data worldwide. In 2025, Keepit will tour the world with "Keepit Live", a series of onsite events introducing the Keepit vision and solutions to select audiences. For more information, visit About Keepit Keepit provides a next-level SaaS data protection platform purpose-built for the cloud. Securing data in a vendor-independent cloud safeguards essential business applications, boosts cyber resilience, and future-proofs data protection. Unique, separate, and immutable data storage with no sub-processors ensures compliance with local regulations and mitigates the impact of ransomware while guaranteeing continuous data access, business continuity, and fast and effective disaster recovery. Headquartered in Copenhagen with offices and data centers worldwide, over fifteen thousand companies trust Keepit for its ease of use and effortless backup and recovery of cloud data. For more information visit or follow Keepit on Linkedin. View source version on Contacts RedIron PR for KeepitKari Ritaccokari@ Sign in to access your portfolio
Associated Press
19-02-2025
- Business
- Associated Press
Keepit Achieves Exceptional Growth in a Tough 2024 Market
COPENHAGEN, Denmark--(BUSINESS WIRE)--Feb 19, 2025-- Keepit, the world's only independent vendor of cloud backup and recovery solutions designed to protect SaaS data, today announced a remarkable year of growth and innovation, marking its position as a key player in the SaaS data protection space. The company has achieved significant milestones, including record revenue growth, strategic expansions, and numerous industry accolades. 'Continuous dialog with customers, partners, and the community, along with an agile product development organization, is key to our success and ability to attract investments— propelling Keepit to new heights,' said Morten Felsvang, Keepit Co-founder and Chief Executive Officer. Revenue growth and customer retention Keepit's financial performance makes it one of the fastest growing SaaS companies in its market, with a robust business momentum. Growth is fueled by strong customer loyalty, as evidenced by an impressive customer retention rate — a direct result of the trust and value customers place in Keepit's solutions. Recent funding boost In December 2024, Keepit secured a $50 million investment round led by existing investor One Peak and EIFO, the Export and Investment Fund of Denmark. 'This funding underscores the confidence in Keepit's mission to protect SaaS data globally and accelerates the company's ability to innovate and expand its operations across key markets. The investment will enable Keepit to strengthen its leadership position, enhance its product offerings, and scale our global team to meet increasing demand,' adds Morten Felsvang. Strategic global expansion: New offices in London and Paris In 2024, Keepit significantly expanded its global footprint to support its growing customer base and market demand: United Kingdom: In January 2024, Keepit opened its first London office in the City to serve its rapidly growing UK and Ireland presence. Additionally, the company established a presence in Scotland, to further strengthen regional support. Southern Europe: In October 2024, Keepit inaugurated its Paris office to spearhead its go-to-market strategy in France, Italy, and Spain, led by Regional Vice President Thierry Bedos. The opening of offices in these two key markets marks a commitment to have a local presence to support partners and customers in the regions. Data center strategy: Two new data centers in Switzerland In 2024, Keepit opened two new data centers, underscoring Keepit's commitment to providing the fastest, most secure and efficient service to its growing customer base and partner network in all regions – this time in Switzerland. Keepit now operates data centers in seven regions, always guaranteeing data sovereignty and compliance. Executive leadership expansion Keepit bolstered its leadership team with key executive appointments to drive its strategic initiatives, including: Kim Larsen, Chief Information Security Officer (CISO) Michael Amsinck, Chief Product Officer (CPO) Fahad Qureshi, Vice President of Americas Thierry Bedos, Regional Vice President of Southern Europe Liz Barnhart, Vice President of Global Alliances Expanding partner ecosystem Keepit's success is further amplified by its growing global partner network, which delivers unparalleled SaaS data protection solutions across multiple regions: Americas: Collaborations with Alchemy Technology Group, P1 Technologies, Centre Technologies, and Movti have strengthened Keepit's footprint in the US and Latin America. ANZ: Partnerships with Vectec, blueAPACHE, and CSW-IT have positioned Keepit as a key player in Australia and New Zealand. EMEA: Partnerships across DACH, Benelux, Nordics, UK, and Southern Europe—including Komposite, SPIE ICS, Nunsys, and Omega Peripherals—have expanded Keepit's reach in Europe. Industry awards and recognitions In 2024, Keepit's innovative solutions and commitment to excellence were given industry recognition through 17 prestigious awards, including 13 in FY24 alone. Notable recognitions include: Cybersecurity Breakthrough Awards Cloud Security Awards Global Infosec Awards (4 total): 'Most Innovative Compliance,' 'Publisher's Choice Cyber Resilience,' 'Best Product Data Recovery,' and 'Hot Company Ransomware Recovery' G2 Leader EMEA and Global Leader Keepit also received analyst recognition from Spark Matrix, as a 'Leader for Cloud Data Protection for SaaS Applications' further cementing its reputation in the space. Commitment to partners: Launch of Keepit Partner Network Keepit introduced the Keepit Partner Network in 2024, empowering partners to deliver innovative SaaS backup and recovery solutions. These initiatives underscore Keepit's commitment to fostering collaboration and driving mutual success. Vision for 2025 and beyond Looking ahead, Keepit is poised to accelerate its global expansion strategy, prioritizing key markets across the Americas and Europe, and other high-growth regions. Keepit also plans to intensify its focus on product innovation, delivering intelligent resilience and recovery through broader workload coverage, as well as deeper data management and intelligence capabilities for the enterprise. The company will continue strengthening its partner ecosystem while delivering cutting-edge solutions to safeguard SaaS data worldwide. In 2025, Keepit will tour the world with ' Keepit Live ', a series of onsite events introducing the Keepit vision and solutions to select audiences. For more information, visit , boosts cyber resilience, and future-proofs data protection. Unique, separate, and immutable data storage with no sub-processors ensures compliance with local regulations and mitigates the impact of ransomware while guaranteeing continuous data access, business continuity, and fast and effective disaster recovery. Headquartered in Copenhagen with offices and data centers worldwide, over fifteen thousand companies trust Keepit for its ease of use and effortless backup and recovery of cloud data. SOURCE: Keepit Copyright Business Wire 2025. PUB: 02/19/2025 07:05 AM/DISC: 02/19/2025 07:07 AM
