Leading Atlassian Partner Valiantys Secures Investment from Tercera to Expand Its Global Reach
Valiantys, a global Atlassian consulting and services firm, announced that Tercera, a growth equity firm specializing in cloud professional services, has made a minority investment with a specific focus on expanding in the Americas and other key regions. This infusion of capital comes alongside a majority investment by Keensight Capital, one of the leading private equity managers dedicated to pan-European growth buyout investments.
With these new funds, Valiantys will expand its service offerings for Atlassian products and extend its reach across the globe via both organic growth and strategic M&A in key markets. Valiantys already has a strong track record of organic growth with revenues up 73% year-over year. In a time when many technology companies are scaling back, Valiantys plans to grow its talent base to serve Atlassian’s growing number of customers and ever evolving platform.
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“Our focus has always been to help companies accelerate their agile transformation journey and to be Atlassian’s partner of choice,” said Lucas Dussurget, CEO at Valiantys. “These investments from Tercera and Keensight will help us capitalize on a growing need around the globe to streamline processes, increase business agility and modernize systems. We chose to partner with Tercera because of the team’s first-hand experience scaling professional services organizations in high-growth cloud ecosystems such as Salesforce, as well as their very strong network in the Americas – a strategic market for us.”
Valiantys has been a dedicated Atlassian partner since its founding in 2006. The company built Atlassian-specific apps to extend the capabilities of Jira and Confluence and in 2013, Atlassian acquired one of its apps to create the foundation of Jira Service Management. Valiantys has been recognized as an Atlassian Partner of the Year in six of the past seven years and helped to found the Atlassian Partner Council where it is still an active member.
“Atlassian’s product suite has grown extensively over the years, with our cloud solutions seeing huge uptake and products like Jira Align and Jira Service Management taking center stage,” said Kevin Egan, head of Global Enterprise Sales at Atlassian. “This presents a tremendous opportunity for partners like Valiantys who know the platform inside and out and can serve a broad range of customers.”
“In today’s environment, every company is looking at how technology can help them move faster and become more efficient. Cloud computing, agile processes and collaboration tools all play a role in this, and Valiantys and Atlassian sit right at the center of these trends,” said Chris Barbin, CEO of Tercera. “We couldn’t be more excited to partner with this incredible team to help even more customers globally.”
“At Keensight Capital, we believe Tercera will add tremendous value to Valiantys in growing and scaling the business,” said Philippe Crochet, Managing Partner at Keensight Capital. “The credibility Tercera’s team of advisors bring to the table, and their track record in the cloud professional services space, will help the Valiantys team be a step ahead with their Atlassian service offerings.”
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