German tech investor Maguar acquired a significant stake in GlobalSuite Solutions. The transaction is Maguar's first investment in the Spanish market. Antonio Quevedo Muñoz will continue to lead the company and retain a significant stake. The amount and valuation were not disclosed.
About GlobalSuite Solutions
GlobalSuite Solutions is a multinational software company specialising in Governance, Risk, and Compliance (GRC) solutions. It serves more than 2,000 customers in regulated sectors including banking, insurance, healthcare, and telecommunications.
Spain
Read Company ProfileFrequently Asked Questions
What type of funding round did GlobalSuite Solutions raise?
GlobalSuite Solutions raised a acquisition round.
Who invested in GlobalSuite Solutions's acquisition?
The investors in GlobalSuite Solutions's acquisition are: Maguar.
What type of investment was GlobalSuite Solutions's acquisition?
GlobalSuite Solutions's acquisition was a equity investment.
How will GlobalSuite Solutions use the funds from its acquisition?
GlobalSuite Solutions plans to use the funds for: product development, commercial expansion, strengthening the commercial organisation, expanding the partner ecosystem, innovation in automation, integration, artificial intelligence, and usability, geographic expansion into new markets, selective acquisitions.