Grafton Capital Takes Minority Shareholder Position in BOARD International
BOARD International, the leading global provider of software for unified Business Intelligence, Performance Management and Analytics, announced today that Grafton Capital has taken a minority shareholder position in BOARD. Oliver Thomas, Partner and co-founder at Grafton Capital, will join the Board of Directors of privately-held BOARD International.
Giovanni Grossi, CEO and co-founder of BOARD International, commented: “Grafton Capital’s position in BOARD is both a testament to our strength as a company and to our growth and vision as we continue to lead the market with the world’s only comprehensive unified platform for BI, CPM and Analytics. We are gratified by the confidence Grafton Capital has placed in BOARD and welcome Mr. Thomas to our Board of Directors.”
Mr. Thomas commented: "We are delighted to be partnering with the team at BOARD in realizing the potential of this outstanding company. Enterprises around the world have a growing need for a flexible, integrated view of what is happening across their businesses. It is clear that these customers are increasingly turning to BOARD to deliver this capability, whether on premise, or in the cloud. The Company's fast-growing team is full of great people, and has developed a product that continues to push the boundaries of what is possible in high performance, integrated CPM, BI and Analytics."
Ed Barroll Brown, also a Partner and co-founder at Grafton Capital, added: "Our strategy is to partner with the founders of the most promising, profitable, high growth companies in European software. In BOARD we have found a terrific example of this and we are excited to be forging this partnership."
BOARD International achieved record growth in 2015 and record-setting results for Q1 2016 with 142% license revenue growth. The company grew by more than 35% last year and has been solidly profitable for more than 20 years.
Major new customers include KPMG, Wren Sterling, MoneySuperMarket.com, Del Taco and National Multiple Sclerosis Society.
About Grafton Capital
Grafton Capital is a supportive, minority shareholder and board member for the founders of category leading, profitable, growing companies in three sectors: software, information services, and online marketplaces. Other investments include Third Financial Software, Alva Reputation Analysis and SportPursuit. For more information see www.graftoncapital.com
About BOARD International
BOARD International has enabled more than 3,000 companies to rapidly deploy BI and CPM applications on a single integrated and programming-free platform, in a fraction of the time and cost required by traditional solutions.
John Wilkinson, COO
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