"Per-Arne Weiner, Chris Hastings, and Steve Dana were great partners in our capital raise, orchestrating a competitive process which helped guide us to the right partner for our business. They provided excellent support and counsel throughout the process and had the right relationships with private equity to execute a successful outcome for our company."
Broadway Technology Has Received a $42 Million Growth Equity Investment from Long Ridge Equity Partners
Signal Hill is pleased to announce that its client Broadway Technology, LLC, a leading provider of high-performance software for global financial institutions, announced a $42 million minority investment led by Long Ridge Equity Partners.
The financing will accelerate Broadway’s growth into new global markets and will allow the company to further expand its world-class product and service offering.
"We are excited to partner with Long Ridge as we enter our next phase of growth," said Tyler Moeller, CEO of Broadway. "We chose Long Ridge as a partner due to their unparalleled expertise in capital markets technology and strong track record of investing in leading financial technology firms. Long Ridge's capital and strategic support will enable Broadway to accelerate our global expansion and continue our rapid growth."
About Signal Hill
Signal Hill Capital Group LLC, along with its affiliate, Signal Hill LLC (together, "Signal Hill"), is a leading independent advisory boutique serving the M&A and private capital raising needs of growth companies and was named 2016 Boutique Technology Investment Bank of the Year by the Global M&A Network. Signal Hill's experienced bankers provide deep domain expertise and an unyielding commitment to clients in our sectors: Services and Technology, Media and Telecommunications (TMT). With more than 600 completed transactions and offices in Baltimore, Bangalore, Boston, Mumbai, Nashville, New York, Reston and San Francisco, Signal Hill leverages deep strategic industry and financial sponsor relationships to help our clients achieve Greater Outcomes. For more information visit www.signalhill.co