Growth Partners Co., Ltd. (“Growth Partners” or “we”) announces that GP Listed Company Investment Limited Partnership, a fund managed by Growth Partners, has agreed to subscribe for warrants and warrant bonds to be issued by Bplats Inc. (“Bplats”) through a third-party allotment. We also entered into a business alliance agreement (the “Agreement”) under which we will support Bplats in planning and executing various initiatives to drive further growth.
Founded in November 2006—its corporate name reflecting the purpose of “building platforms for business”—Bplats operates under the mission “subscription for every business.” The company develops and provides, as a cloud service, Bplats®, a platform that supports subscription (recurring/usage-based) business models for companies creating and transforming businesses. In addition to expanding its flagship Bplats® Platform Edition, Bplats has significantly enhanced and is scaling Sabukan®, its unified SaaS for external purchasing, contract management, and employee license allocation across third-party SaaS tools.
Looking ahead over the mid to long term, Bplats plans to broaden its revenue portfolio by not only driving further adoption of its flagship product, but also creating new businesses in collaboration with companies engaged in IoT and DX initiatives utilizing Bplats® Platform Edition. To realize these ambitions—strengthening sales productivity, promoting M&A, and enhancing corporate value—the company determined it was essential to partner with a player that can contribute capital, know-how, and network, and accordingly elected to form a business alliance with us.
Together, Bplats and Growth Partners will pursue accelerated business expansion through support for improving and strengthening group-wide sales productivity, M&A support, IR support, growth strategy formulation, new business proposals, and business planning. Leveraging our accumulated hands-on experience, we will contribute to further enhancing Bplats’ corporate value.
Overview of Bplats Inc.
・Company name: Bplats Inc.
・Representative: Kenji Fujita, President & CEO
・Head office: 3 Kandaneribei-chō, Chiyoda-ku, Tokyo
・Business: Provision of an integrated platform for subscription-business operators
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