Susquehanna International Group was among the participants in a $280m secondary purchase of shares in enterprise management software producer Workfront.
Susquehanna Growth Equity, an investment arm of quantitative trading and technology firm Susquehanna International Group (SIG), invested in in US-based work management platform developer Workfront yesterday through a $280m secondary share purchase.
Private equity firm W Capital Partners and AB Private Credit Investors, the debt financing division of asset management firm AllianceBernstein, also participated in the transaction. The selling shareholders were not identified.
Founded in 2001 as AtTask, Workfront provides workplace management software aimed at the knowledge economy. The platform…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
