NorthEdge has completed a primary MBO into human capital software provider Cezanne HR.
The private equity firm backed Cezanne HR to implement a new growth plan and expand its market presence.
Cezanne HR provides cloud-based human capital management software and payroll services to mid-sized businesses globally. The platform streamlines employee lifecycle processes to improve engagement and data administration.
NorthEdge has completed a primary management buy-out into Cezanne HR to support its next phase of growth. The investment comes from NorthEdge SME Fund I and will back co-founder and CEO Alberto Gabbai alongside Chief Operating Officer John Hixon. The partnership aims to build on product quality, customer acquisition, and ongoing development within the human capital management sector.
From the founder
"The partnership with NorthEdge marks the beginning of an exciting new chapter for Cezanne HR. NorthEdge’s support will give us more strength, financially and otherwise, to accelerate our growth towards becoming the leading provider of cloud-based leading-edge HR and payroll solutions to the UK market."
Alberto Gabbai
CEO at Cezanne HR
Investor perspective
"NorthEdge have built an excellent reputation within the technology sector over the last five years so it was exciting for us to work with them on their most recent investment in Cezanne. I look forward to watching the business continue to grow and excel with this new partnership."
Jonathan Robinson
Private equity partner, DWF
Use of funds
- 01Continue product development
- 02Grow the team
- 03Invest in sales and marketing
Investors
Categories
About the company
Cezanne HR
Cezanne HR provides cloud-based human capital management software and payroll services.