A growing tech firm in Liverpool is on an acquisition spree, driven by significant private equity investment.
- Bluprintx has secured notable backing from Palatine’s buyout fund, facilitating global expansion.
- The acquisition of ITG Commerce extends Bluprintx’s capabilities in Adobe’s digital ecosystem.
- With more than 140 employees globally, Bluprintx eyes further mergers and acquisitions.
- Key figures from Palatine join Bluprintx’s board to guide their ambitious growth strategy.
A dynamic tech company based in Liverpool, Bluprintx, is actively expanding its footprint on the global stage. This ambition is supported by a substantial investment from the private equity group Palatine, which has empowered Bluprintx to pursue a strategy focused on mergers and acquisitions.
Following this strategic infusion of capital, Bluprintx has successfully acquired ITG Commerce, a specialist firm renowned for its expertise in Adobe Commerce. This acquisition represents a vital enhancement of Bluprintx’s offerings, notably augmenting its service capabilities in the Adobe ecosystem. Consequently, Bluprintx now employs over 140 individuals worldwide and maintains operations in the United States, Netherlands, Australia, and Hungary.
The core mission of Bluprintx is to leverage technology, data, and artificial intelligence to enhance clients’ revenue and productivity, with a strong emphasis on Adobe and Salesforce solutions. The partnership with Palatine is pivotal, as articulated by Bluprintx founder and CEO Lee Hackett, who noted that this backing fortifies the company’s ability to extend comprehensive digital transformation services to their clients.
Palatine’s involvement marks a significant commitment to Bluprintx’s growth trajectory. James Painter, a senior investment director at Palatine, highlighted the firm’s confidence in Bluprintx’s management and their proven capability to adapt and grow. Palatine’s investment, ranging between £10m and £30m, underscores its dedication to fostering sustainable growth in visionary enterprises.
Advisory for this strategic move was provided by several firms. Palatine’s advisory team included Clearwater, Gateley, RSM, Armstrong, Lockton, Cyberfort, and StrattonHR. Bluprintx received counsel from GHF Advisory, Browne Jacobson, and Hurst, with notable input from financial expert Neil Inskip.
This cooperative venture cements Bluprintx’s position as a formidable tech entity equipped for global scale and growth.
