Country for PR: United States
Contributor: PR Newswire New York
Monday, January 24 2022 - 23:00
AsiaNet
Globalization Partners, the Leading Global Employment Platform, Raises $200 Million to Fund Continued Growth
BOSTON, Jan. 24, 2022 /PRNewswire-AsiaNet/ --

-- Investment from Vista Credit Partners Values Company at $4.2 Billion

Globalization Partners( 
https://c212.net/c/link/?t=0&l=en&o=3421056-1&h=2007101491&u=http%3A%2F%2Fwww.globalization-partners.com%2F%3Futm_medium%3Dpr%26utm_source%3Dpr-newswire%26utm_campaign%3D21q4_gbl_all_all_pr_digital&a=Globalization+Partners 
), ("G-P" or "the Company") the leading global employment platform that 
simplifies remote team building by making it fast and easy for companies to 
hire anyone, anywhere, within minutes, today announced that it has received a 
$200 million investment from Vista Credit Partners( 
https://c212.net/c/link/?t=0&l=en&o=3421056-1&h=2922012857&u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D3212153-1%26h%3D846869652%26u%3Dhttps%253A%252F%252Fwww.vistaequitypartners.com%252Fstrategies%252Fcredit%252F%26a%3DVista%2BCredit%2BPartners%25C2%25A0&a=Vista+Credit+Partners 
) ("VCP"), a subsidiary of Vista Equity Partners( 
https://c212.net/c/link/?t=0&l=en&o=3421056-1&h=2560405688&u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D3212153-1%26h%3D3399567500%26u%3Dhttps%253A%252F%252Fwww.vistaequitypartners.com%252F%26a%3DVista%2BEquity%2BPartners&a=Vista+Equity+Partners 
) ("Vista") and strategic credit and financing partner focused on the 
enterprise software, data and technology markets. The investment values 
Globalization Partners at $4.2 billion.

Logo - https://mma.prnewswire.com/media/723356/Globalization_Partners_Logo.jpg

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(R), Kruze Consulting, Global Chamber(R), London & 
Partners and others. Globalization Partners' new customer acquisition increased 
2.5 times from 2020 to 2021, including growing by 44 percent from Q3 to Q4.

"Globalization Partners is uniquely positioned to capitalize on the massive 
opportunity we see ahead of us," said Nicole Sahin, Chief Executive Officer and 
Founder of Globalization Partners. "We pioneered this space and offer the most 
comprehensive and 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, regulatory and legal requirements in each 
geography we serve."  

"Globalization Partners' journey in transforming the remote work industry has 
been truly remarkable. As a customer of G-P, at both Vista and within our 
broader 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," said David Flannery, President of Vista Credit Partners. 
"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 customers in new markets."

"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," said Bob Cahill, 
President of Globalization Partners. "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."

About Globalization Partners 

Hire international talent quickly and easily. Use our AI-driven, automated, 
global employment platform supported by our in-house, worldwide HR experts. 
Trust the named industry leader that consistently attains 98 percent customer 
satisfaction ratings. Globalization Partners: Succeed Faster.

To learn more, please visit: www.globalization-partners.com or connect with us 
via Twitter( 
https://c212.net/c/link/?t=0&l=en&o=3421056-1&h=1216191303&u=https%3A%2F%2Ftwitter.com%2FGlobalPeo%3Fref_src%3Dtwsrc%255Egoogle%257Ctwcamp%255Eserp%257Ctwgr%255Eauthor&a=Twitter 
), LinkedIn( 
https://c212.net/c/link/?t=0&l=en&o=3421056-1&h=174295316&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fglobalization-partners%2F&a=LinkedIn 
), Facebook( 
https://c212.net/c/link/?t=0&l=en&o=3421056-1&h=3572965244&u=https%3A%2F%2Fwww.facebook.com%2FGlobalizationPartners%2F&a=Facebook 
), or check out our Blog( 
https://c212.net/c/link/?t=0&l=en&o=3421056-1&h=1470686550&u=https%3A%2F%2Fwww.globalization-partners.com%2Fblog%2F%3Futm_medium%3Dreferral%26utm_source%3Dpr-newswire%26utm_campaign%3D20q4_gbl_all_all_pr-techannouncement_rfpform_digital&a=Blog 
).

About Vista Credit Partners

Vista Credit Partners (VCP) is the credit-investing arm of Vista Equity 
Partners and is a strategic investor and financing partner focused on the 
growing enterprise software, data, and technology market. VCP employs a highly 
disciplined approach to credit investing while maintaining flexibility to 
pursue investments offering the best relative value and investing across the 
capital structure. Since formation in 2013 and as of October 31, 2021, VCP has 
deployed over $7.7 billion and grown to over $6.4 billion of assets under 
management. For more information, please visit www.vistacreditpartners.com.

Media Contacts:

Globalization Partners
Karen Pantinas
kpantinas@globalization-partners.com
+1 617-729-4466  

Vista Credit Partners
Brian W. Steel
media@vistaequitypartners.com
+1-512-730-2400

SOURCE: Globalization Partners