Congratulations to CBPE Capital on the sale of Xceptor to Astorg Partners, a deal that delivered an impressive 10.8x return on CBPE’s original investment and an IRR of 89%.
Directorbank is proud to have played a role in this success story by placing Ivan Martin as Chair of Xceptor in 2016 when SVG initially invested in the business. CBPE invested in 2017.
Ivan quotes: “Directorbank played a big part in my appointment as Chairman of Xceptor and their early introduction to the deal enabled me to fully understand the business and the opportunity ahead of any transaction. It has been a privilege to work with CBPE, Andrew Kouloumbrides and the team for the last few years. Xceptor is a fabulous business and I wish the entire team every success on the next stage of their growth journey with Astorg.”
Xceptor is a global leader in the end-to-end, no-code process automation market. Under Ivan and CBPE’s stewardship, it has been significantly scaled to develop a genuine best-in-class software vendor. Headcount has increased over fourfold with a particular focus on broadening the product development and sales capability while also building a truly international business with operations in Europe, North America and Asia.