#USA #Miami #Arrowroot Capital #Protecht #PSG

Arrowroot Capital's Successful Exit from Protecht

Arrowroot Capital Management, a top-tier private equity firm with a focus on growth-stage software investments, has recently announced its successful exit from an investment in Protecht. This follows a substantial growth investment of $280 million made by PSG. Notably, Arrowroot's initial investment of $30 million was crucial in helping Protecht strengthen its presence in the U.S. market, focusing on enhancing its leadership and supporting vital financial projects.

Since investing in Protecht, Arrowroot has partnered closely with the company to drive strategic growth initiatives. This included the recruitment and establishment of a dedicated U.S. team, as well as facilitating expansion efforts and supporting a capital raise essential for propelling Protecht into its next growth phase. During this collaboration, the company successfully executed a three-year strategic plan, strategically positioning itself for further development under PSG's guidance.

Statements from Key Figures
David Bergmark, CEO of Protecht, expressed profound gratitude towards Arrowroot Capital, stating, “Our journey into the U.S. market would not have been possible without the trust that Arrowroot Capital placed in us. Their minority investment represented more than just financial backing; it was an endorsement of our potential and acted as a catalyst for the transformation of our product offerings and our global expansion efforts.”

Bergmark highlighted the significance of meeting and exceeding growth metrics and objectives as part of a mutually agreed-upon three-year plan.

On the other hand, Jason Phillips, COO of Protecht, acknowledged the essential support and strategic direction provided by Arrowroot during Protecht's formative growth stages. He expressed, “Arrowroot's conviction in our vision and their commitment to our team were pivotal to our advancement and achievement. As we step into this new chapter with PSG, we reflect on the invaluable contributions Arrowroot made to our journey.”

Matthew Safaii's Remarks
Matthew Safaii, the Founder and Managing Partner at Arrowroot Capital, also commented on this significant transaction. He noted, “We first encountered Protecht at a critical juncture in their global expansion efforts and were instantly captivated by their team's energy and dedication to a customer-focused mission. Collaborating with them strategically to facilitate their growth was an incredibly fulfilling experience.” He added that this exit reaffirms Arrowroot's commitment to supporting companies in the Asia-Pacific region, specifically in their efforts to introduce products to international markets.

About Arrowroot Capital
Arrowroot Capital operates as a global growth capital solutions firm that employs both equity and debt to invest in leading software enterprises at pivotal growth points. With investments ranging from $5 million to $100 million, they have accumulated over a decade of experience in the industry, with operational bases in Miami and Los Angeles.

About Protecht
Protecht stands as a premier provider of risk management solutions, aiding businesses in effectively navigating and mitigating risks in an increasingly complex global landscape. Its innovative technology not only enhances compliance but also boosts operational efficiency, enabling organizations to make informed strategic decisions.

This successful exit from Protecht by Arrowroot Capital signifies a momentous achievement in the investment landscape, highlighting the importance of strategic partnerships in fostering growth and innovation among emerging companies.