Bonaccord Capital Partners Announces Strategic Minority Investment in Lead Edge Capital
Summary
NEW YORK, April 22, 2024 (GLOBE NEWSWIRE) -- Bonaccord Capital Partners (Bonaccord), a private equity business focused on providing growth capital to exceptional mid-market private markets sponsors, today announced that it has acquired a passive minority equity interest in Lead Edge Capital (Lead Edge), a growth equity firm focused on investing in market-leading software, internet, consumer, and tech-enabled businesses globally.Bonaccords investment and strategic development platform will support Lead Edges value creation initiatives and further growth. At the same time, we believe the Bonaccord team can bring additional value to our existing and future portfolio companies through continuing to provide strategic customer and partner introductions.Lead Edge Capitals ability to leverage its strategic investor base and drive tangible, value-added growth across its portfolio is unique and exceptional, said Ajay Chitkara, Managing Partner of Bonaccord. The firm has invested in a number of major software and internet companies around the world, including Alibaba Group, Arrive Logistics, Asana, Azul Systems, Bazaarvoice, Benchling, Clearscore, Duo Security, Grafana, GrowthZone, Holistiplan, LeanStaffing, LiveView Technologies, Pacemate, Safesend, Signal Sciences, Tempo, Toast, Wise, and YouSign. In addition to providing flexible capital, Lead Edge leverages this global network to connect portfolio companies with the customers, partners, talent, and advisors needed to accelerate growth. BCP is a part of P10, Inc. (NYSE: PX), a leading multi-asset class private markets solutions provider in the alternative asset management industry.