New funds will be used to expand product, sales, marketing and to pursue
acquisitions
Toronto and New York – September 12, 2018 – Q4 Inc., a leading global
provider of cloud-based investor relations and capital market solutions,
announced today the closing of a USD$38 million Series C financing round.
This round was led by Napier Park Financial Partners (Napier Park) with
participation from existing investors including OpenText Enterprise Apps
Fund (OTEAF), Information Venture Partners and Espresso Capital. The new
funds will be used to support the continued development of the Company’s
next generation, purpose-built investor relations CRM and analytics
platform, expand global sales and marketing efforts, and pursue strategic
acquisitions.
“Q4’s mission is to make our clients leaders in investor relations by
delivering a superior product experience, best-in-class technology and
first-rate customer support,” said Darrell Heaps, CEO of Q4. “We are
excited to partner with the Napier Park team during this incredible period
of growth for Q4. This capital will enable us to accelerate our product
roadmap, pursue acquisitions, drive our global sales and marketing efforts,
and continue executing on our vision of becoming a preeminent global
capital markets platform.”
Since 2013, Q4 has been steadily expanding its capital markets platform and
capabilities, building-out the industry’s premier IR CRM. This
sophisticated analytics and workflow solution integrates quantitative and
real-time shareholder analytics, AI targeting, pipeline management, and
roadshow planning tools, as well as advanced website and event analytics.
With the recent release of Studio, Q4’s next generation investor website
platform, the Company has yet again raised-the-bar with the industry’s most
capable, flexible and design-driven product.
"At Napier Park, we invest in and partner with the best and brightest in
financial technology and are thrilled to be leading this round,” said Dan
Kittredge, Partner at Napier Park. “We are excited to be partnering with
Darrell and team — their technology-first approach to solving IR pain
points, end-to-end solution set, and track record of exceptional customer
service afford them a unique position to capitalize on secular, regulatory
and competitive tailwinds. We are committed to supporting Q4’s growth
strategy as they continue to bring innovative products to the market and
execute on their long-term vision.”
Q4 is the industry’s only full-suite provider of IR solutions with a
complete range of analytics, CRM, website, webcasting and professional
services. With MiFID II disrupting how the sell-side provides services to
corporates and the buy-side, Q4 is well positioned to provide its large and
rapidly growing IR client base with the tools and advice to succeed in the
post-MiFID world. With over 1,200 of the world’s top global brands
leveraging Q4’s suite of IR solutions, Q4 remains the fastest growing and
most exciting investor relations and capital markets provider in the
industry.
“Having led Q4’s Series B round, we have witnessed the tremendous growth of
the company, and the evolution of Darrell and his team in the execution of
their strategy,” said Tony van Marken, General Partner at OTEAF and
Chairman of Q4. “Q4 has continued to expand its customer base with some of
the world’s largest public companies and now provides IR solutions to 25%
of the S&P 500. With the macro trends benefiting the market and
material shifts in their competitive landscape, we are excited to
participate alongside Napier Park in this round and to continue to support
Q4 in executing against their vision of growing into a dominant global
capital markets platform.”
As part of this transaction, Dan Kittredge and Ned May from Napier Park
will join the Q4 Board of Directors.
RBC Capital Markets acted as the Lead Placement Agent and Exclusive
Financial Advisor to Q4 in connection with this transaction. Oslers
provided legal services to Q4.
-30-
Media inquiries
Taryn Shulman, Q4 Inc.
VP, Marketing
416-540-9832
[email protected]
About Q4 Inc.
Q4 is a leading global provider of cloud-based investor relations and
capital market solutions. Q4 empowers customers to be leaders in IR through
innovative technology and exceptional customer service. Our comprehensive
portfolio of IR solutions, including quantitative and real-time shareholder
analytics, IR desktop, websites, and webcasting arm industry professionals
with the tools and insights required to run award-winning IR programs, make
effective business decisions, and better engage with the street. Q4 has
offices in New York, Chicago, Toronto, Copenhagen, and London. To learn
more, visit: www.q4inc.com.
About Napier Park Financial Partners
Napier Park Financial Partners is the private equity group of Napier Park
Global Capital, an alternative asset management platform with approximately
$11 billion in assets under management. Napier Park focuses on investing in
innovative, high growth companies at the intersection of financial services
and technology-enabled products and services. Napier Park targets
investments of $5 million to $30 million, with current and prior portfolio
companies spanning the following industry subsectors – Payments, Banking
and Lending, Insurance and Benefits, Asset and Wealth Management, and
Business Services and Outsourcing. For more information, visit
www.napierparkglobal.com/private-equity
.
About OpenText Enterprise Apps Fund
The OpenText Enterprise Apps Fund (OTEAF) was formed in 2015 and invests in
Canadian technology companies that are building disruptive, enterprise
applications that leverage the power of the internet, big data, predictive
analytics, mobility and machine learning. OTEAF has offices in Toronto,
Ontario and Montreal, Quebec. www.oteaf.vc.