Houlihan Lokey Advises Keensight Capital

Houlihan Lokey is pleased to announce that its client, Keensight Capital, has acquired a majority stake in Valiantys. The deal closed on 28 June 2022. The transaction value is undisclosed.

Keensight Capital announced it has entered into an exclusivity agreement for a majority stake in Valiantys, a global transformation partner within the Atlassian ecosystem, alongside the Valiantys management team. Keensight Capital is one of the leading private equity managers dedicated to pan-European growth buyout investments, with deep expertise in Technology and Healthcare, and has a particularly strong track record in software and tech-enabled services.

Valiantys accelerates business transformation by digitising processes and modernising teamwork, using the best Agile methods and tools. The company has built an exceptional relationship with Atlassian, a leading provider of team collaboration and productivity software, and boasts a strong track record of organic growth, with €98 million in revenues in 2021, up 73% year-over-year. It is currently operating in France, Switzerland, the UK, Benelux, USA, and Canada – and aiming to scale its team to more than 300 this year. Valiantys received the Atlassian Partner of the Year award seven times, including most recently in the Enterprise Services category. This reflects the strength of its relationships with more than 65 of the global Fortune 500 companies, as well as continued investment in capabilities and quality of service.

Houlihan Lokey served as the exclusive financial advisor to Keensight Capital in all aspects of the deal. This represents another successful transaction for Houlihan Lokey in the IT services space.