Globalization Partners raises $200 million to fund continued growth

Nicole Sahin, Chief Executive Officer and Founder of Globalization Partners

Globalization Partners, is the leading global employment platform that simplifies remote team building by making it fast and easy for companies to hire anyone, anywhere, within minutes.

They announced that it has received a $200 million investment from Vista Credit Partners (“VCP”), a subsidiary of Vista Equity Partners (“Vista”) and strategic credit and financing partner focused on the enterprise software, data and technology markets.

Globalization Partners’ exponential growth

The investment values Globalization Partners at $4.2 billion.

As the market and technology leader with approximately $1 billion in Annual Recurring Revenue, G.P will utilize the investment to expand its dominant share of the virtually untapped, $176 billion global remote employment market.

The Company’s growth in the industry is fueled by an active customer base including CoinDesk, TaylorMade and Chime and an unrivaled partnership network that includes ADP TotalSource®, Kruze Consulting, Global Chamber®, London & Partners and others.

Globalization Partners’ new customer acquisition increased 2.5 times from 2020 to 2021, including growing by 44% from Q3 to Q4.

Globalization Partners setting the pace in new markets

Chief Executive Officer and Founder of Globalization Partners, Nicole Sahin said, “Globalization Partners is uniquely positioned to capitalize on the massive opportunity we see ahead of us.”

“We pioneered this space and offer the most compliant solution available, combining best-in-class technology and AI, with a global team of HR, legal and customer service experts who understand the local customs, and legal requirements in each geography we serve.”

“Globalization Partners’ journey in transforming remote work has been truly remarkable.”

President of Vista Credit Partners, David Flannery said, “As a customer of G.P, at both Vista and within our portfolios, we have witnessed firsthand their best-in-class legal compliance, the quality of the user experience, and the deep expertise and support they provide.”

“VCP is proud to offer capital solutions to founders of innovative software companies.”

“We look forward to partnering with Nicole and the entire G.P team as they look to further capitalize on the untapped global market and expand their platform to new markets.”

President of Globalization Partners, Bob Cahill said, “Over the past decade, we have invested hundreds of millions of dollars in our business, building our global presence and technology platform to support the evolving and complex talent needs of growing companies.”

“With Vista as our investment partner, we will be able to drive further growth and continue building innovative products to meet the increasing needs of our customers at scale.”