CIBC Innovation Banking announced that it has acted as the Lead Arranger of a syndicated debt facility to support Main Capital Partner’s (Main Capital) acquisition of Orgvue. The funding will be used to support the acquisition and accelerate Orgvue’s next phase of growth, including continued product innovation, further international expansion, deepening enterprise customer engagement, and future acquisitions.
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Headquartered in London, with offices across the globe, Orgvue is a leading provider of Strategic Workforce Management software. Through its cloud-based platform, Orgvue supports large global enterprises in designing, planning and optimizing their workforces. The company serves close to 200 global enterprise customers, alongside more than 50 globally active consulting firms that leverage Orgvue as part of their workforce transformation and organizational planning activities.
“We are pleased to support Main Capital and Orgvue on this transaction and to help provide the capital needed to advance the company’s next stage of growth,” said Tom Dods, Executive Director, CIBC Innovation Banking. “Orgvue has built a compelling platform in the organizational design and workforce planning space, and we look forward to supporting the business as it continues to scale.”
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