European law firm Fieldfisher has advised on Singletrack's significant capital growth investment from Accel-KKR, a global technology-focused private equity firm headquartered in Silicon Valley.
The cross-practice Fieldfisher team supporting Singletrack's founders was led by Corporate Partner Thomas Colmer, assisted by a wider team of transactional specialists from the firm's Corporate, Tax, Employment, IP, Technology and Real Estate practices.
Accel-KKR's investment will enable Singletrack to accelerate its expansion plans into global markets and execute strategic M&A.
Founded in 2009, Singletrack is an engagement, research management and analytics platform purpose-built by industry professionals for capital markets, helping clients on both the sell and buy sides maximise revenue, efficiency and profitability.
Singletrack’s founders Stuart Berwick and Paul Dyson have decades of experience driving innovation at global investment banks. They developed Singletrack in 2009 as a radical new approach to capital markets CRM.
Singletrack’s sell side platform leverages assets and information for sales and trading, research, events and corporate finance, using advanced tools including AI and machine learning to surface deep client behaviour insights and inform client strategy.
On the buy side, the company offers a vendor relationship platform that seamlessly captures interactions of all types with brokers and other research providers, handles voting, manages contracts and more. The resultant data informs research acquisition strategies, vendor management, and allocation of research finance.
Singletrack is used by some of the most successful institutional brokers, independent investment banks and research providers on four continents. Customers include D. A. Davidson, Liberum, Peel Hunt, and Seaport Global Securities.
Commenting on the deal, Fieldfisher Corporate Partner Thomas Colmer said:
"We are delighted to have advised on another excellent FinTech deal.
"The attraction of UK businesses with high growth potential, particularly in financial technology, has proved extremely strong for global investors, and we think this bodes well for the companies’ growth ambitions.
"Congratulations to Stuart and Paul and the wider Singletrack team on securing this important transaction."
Singletrack co-founder Stuart Berwick commented:
"This investment from Accel-KKR is a great catalyst for Singletrack and our mission. We needed strong professional expertise and are delighted to have been advised by Fieldfisher."
Sign up to our email digest
Click to subscribe or manage your email preferences.