GP BULLHOUND ADVISED TIVIAN ON ITS ACQUISITION BY JIGSAW INTERACTIVE, PART OF ESW CAPITAL

Driving improved business outcomes through enterprise feedback

September 09, 2024

Oslo, 9 September 2024 - GP Bullhound is pleased to announce its role as the exclusive financial advisor to Tivian on its acquisition by Zax Capital, Inc., an affiliate of Jigsaw Interactive (“Jigsaw”). Jigsaw is part of ESW Capital, an investment company based in Austin, TX.

Team

Sector

Software

Region

Nordics/Baltics

Tivian is a leading provider of an experience management software platform. The company specialises in transforming customer and employee feedback into actionable insights through its advanced analytics and AI-driven platform, helping organisations enhance experiences, improve performance, and drive business growth. Tivian’s tools integrate seamlessly with existing systems, providing comprehensive feedback management and analysis capabilities. Headquartered in Oslo, Norway, the company serves 300+ market research agencies and corporates across a broad range of industries and geographies, with a majority of its revenue coming from clients in the US, German, and UK markets.

Following the acquisition, Tivian becomes part of the Jigsaw portfolio of enterprise software companies. The integration will aid Tivian’s product development, support, and customer success, including through the implementation of Jigsaw’s customer success program.

“We are happy to have helped the Tivian shareholders and management team navigate this process and find a new home for the business. Over the past two decades, the company has served a first-class roster of enterprise clients globally, a testament to the value its platform offers. We look forward to continuing to track the company’s progress in the ever-evolving experience management space“, said Carl Wessberg, Partner at GP Bullhound.

This represents GP Bullhound’s fourth B2B software transaction in the Nordic region in the last four months, following deals completed for Unicontrol (acquired by Spectra Precision), H5P Group (acquired by D2L), and Nordic Capital (acquisition of BRP Systems).

Enquiries
For enquiries, please contact: carl.wessberg@gpbullhound.com, sven.raeymaekers@gpbullhound.com, or felix.bratell@gpbullhound.com.

About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999 in London and Menlo Park, the firm today has 12 offices spanning Europe and the US.