Equiteq advises Bedford Consulting on an investment from Keensight Capital

May 11, 2022

Equiteq is pleased to announce that it has advised leading European Anaplan implementation partner Bedford Consulting on an investment from private equity firm Keensight Capital.

Bedford Consulting is a leading European implementation partner of Anaplan’s cloud-native Enterprise Performance Management (EPM) software. Founded in 2008, Bedford Consulting has been led and co-owned by two brothers Neil and Cathal Doyle, Executive Chairman and CEO, respectively, and has focused exclusively on the Anaplan product since 2016. Bedford Consulting is an Anaplan Gold Partner and EMEA partner of the year for the past seven consecutive years, benefitting from strong brand recognition and a collaborative relationship with Anaplan due to deep platform expertise, strong customer satisfaction and a high quality of service.

The Company has offices in London, Düsseldorf, and Stockholm, from where it covers European markets. Bedford Consulting employs approximately 80 deep-domain technical Anaplan experts and supports more than 250 clients. Bedford Consulting covers large and mid-market customers across Automotive, Banking & Insurance, Consumer Goods, IT, Transportation, and Utilities, including The English FA, Jaguar Land Rover, Penguin Random House, SoftwareOne and Transferwise (now WISE).

Leveraging its 20-year track record as a Technology focussed, pan-European investor, Keensight Capital will support Bedford’s founders in their ambitious vision to drive further growth by deepening its market penetration, expanding internationally, and extending its service offering.

Cathal Doyle, CEO of Bedford Consulting, said: “From the moment the Keensight team contacted us, we knew that they would be a perfect fit as we share the same values and vision. Their strong track record of supporting founder-driven companies, sector expertise, and European reach will be valuable assets for us as we further strengthen our relationship with Anaplan and continue our growth.”

Yuri Mikhalev, Partner at Keensight Capital, commented: “At Keensight Capital, we believe in international growth stories. We see a strong market opportunity for Anaplan partners in Europe, and Bedford Consulting is positioned like nobody else to capitalize on it. We are delighted to support the team led by Neil and Cathal in the next steps of the Company’s development.”

Regarding Equiteq’s role in the transactions, Neil Doyle, Executive Chairman of Bedford Consulting said: “We had a fantastic client experience with Equiteq. It was a pleasure to work with people who got our business from the get-go. Their ability to mobilize parties globally combined with excellence in execution steered and delivered to us a valuable, internationally flavored and differentiated private equity investment.”

Jerome Glynn-Smith, Managing Director of Equiteq also commented: “We’re very pleased to have delivered one of Europe’s leading private equity funds for the digital economy into Bedford Consulting. This transaction is a testimony to the availability of international capital for UK PE projects as well as the rising of Anaplan as the leading technology stack in its field. We believe the Keensight and Bedford teams will make a perfect match for a successful next chapter of growth.”

 

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