Quadshift Secures $23 Million in Equity Financing
On February 18, 2025, Toronto-based Quadshift Inc. made headlines by announcing that it has obtained a remarkable growth equity funding of $23 million. The investment, led by BDC Growth Equity Partners, signals a pivotal moment for the company, which specializes in acquiring vertically focused B2B software.
The Investment Details
This funding round was notable for being an all-equity and all-primary effort, involving not just BDC but also Celtic House Venture Partners and a selection of minority investors. This substantial financial backing is set to expedite Quadshift's strategy to acquire leading software businesses, thereby solidifying its position in the competitive landscape of B2B software.
Founded in 2017, Quadshift has swiftly transformed into a go-to entity for founders eager to sell their high-quality, mission-critical software businesses that cater to niche vertical markets. The company focuses on establishing robust, independent platform businesses that not only purchase existing firms but also integrate their operations, lending them strategic insights and best practices.
Quadshift's Competitive Edge
John Paterson, CEO of Quadshift, expressed his enthusiasm about the funding, stating that the firm has diligently developed a strong deal-sourcing engine over the years while assembling a robust team of industry experts. He emphasized that the company benefits significantly from its depth of expertise across various operational facets, including finance, marketing, and IT. This multifaceted skill set provides Quadshift with a competitive advantage in the M&A space, making it a preferred partner for top-tier vertical market software companies.
Additionally, Quadshift utilizes artificial intelligence to streamline deal sourcing and closure processes, making it easier for founders to either fully exit or hold a stake in an expanding software company. The newly acquired funding is expected to facilitate the conversion of Quadshift's acquisition pipeline into successful transactions and to bolster its long-term growth strategy.
Partner Contributions
Michael Notto, a Partner at BDC Growth Equity, commented on the partnership, highlighting their commitment to support Canadian entrepreneurs through their growth journeys. He praised Quadshift's innovative platform and market strategies, reinforcing the belief that this partnership will catalyze further growth through acquisitions and organic developments.
Celtic House also voiced its support for Quadshift's endeavor, recognizing the company’s unique approach to redefining traditional software consolidation. David Adderley, Managing Partner at Celtic House, underscored that Quadshift's model harnesses technology effectively to drive operational synergies and increase profit margins across its software portfolio.
Conclusion
With this significant investment, Quadshift is not only poised to expand its portfolio of software companies but also to enhance the operational efficiencies within those entities. As Quadshift continues on this growth trajectory, all eyes will be on how the company harnesses its AI capabilities and strategic partnerships to redefine the landscape of B2B software acquisitions.
For more information about Quadshift and its acquisitions, visit
Quadshift.io.