Quadshift Announces $23 Million Growth Equity Investment Led by BDC Growth Equity Partners
Summary
TORONTO, Feb. 18, 2025 /PRNewswire/ - Quadshift Inc. ("Quadshift"), a leading acquirer of vertically focused B2B software has secured up to $23 million in growth equity funding to accelerate its acquisition of leading software businesses.The all-equity, all-primary round was led by BDC Growth Equity Partners ("BDC Growth Equity") with participation from Celtic House Venture Partners ("Celtic House") and other minority investors.Founded in 2017, Quadshift has emerged as the preferred home for founders seeking a sale of their high-quality, mission-critical, vertically focused B2B software businesses. The company focuses on building strong, independent platform businesses through talent acquisition from strategic acquisitions and supports the growth of professional functions within those platforms by offering strategic guidance, best practices, and specialized hands-on resources.John Paterson, CEO of Quadshift, commented, "Quadshift has spent years building an impressive deal-sourcing engine while cultivating a talented group of industry leaders and a specialized corporate team. Our strong operating company leadership, combined with corporate expertise in finance, back office, marketing, sales, IT, product development, and other critical functions, gives us a competitive edge. "Unlike traditional software consolidators, John and his team at Quadshift are redefining the model by leveraging AI, modern SaaS tools, and RevOps to drive synergies, accelerate growth, and enhance margins across its expanding portfolio. It offers businesses a full spectrum of capital, from seed investments to growth equity as well as ownership transition solutions, supporting Canadian entrepreneurs who have the ambition to stand out on the world stage.