Bluprintx, a Liverpool-based tech firm, has embarked on a significant growth journey following a substantial investment from Palatine’s buyout fund. Leveraging this newfound support, Bluprintx has successfully acquired ITG Commerce to enhance its service capabilities.
The investment by Palatine is a turning point for Bluprintx, providing the firm with the financial backing to pursue its ambitious expansion plans. By acquiring ITG Commerce, Bluprintx aims to broaden its service offerings, particularly in the Adobe ecosystem where ITG specialises.
With an expanded team of over 140 global employees, Bluprintx is positioned to deliver more comprehensive solutions. This strategic move enables the company to strengthen its operations across the US and Hungary.
The backing from Palatine is seen as a testament to Bluprintx’s capabilities in being a trusted adviser to major enterprises. This partnership sets the stage for future growth and further acquisitions.
Expansion through acquisitions is a core strategy for Bluprintx, using Palatine’s investment to seek further opportunities. This approach underscores the firm’s dedication to building a ‘global business of scale’.
Investment leaders Andy Lees, James Painter, and Tom Hustler actively engage with Bluprintx, with Painter and Hustler joining the board. Their involvement indicates a robust partnership that will guide Bluprintx’s strategic direction.
Advisory support came from Clearwater, Gateley, RSM, Armstrong, Lockton, Cyberfort, and StrattonHR for Palatine. Bluprintx, on its part, was guided by GHF Advisory, Browne Jacobson, and Hurst.
This acquisition marks a significant milestone in Bluprintx’s expansion journey. It solidifies the company’s presence in the digital transformation sector and lays the groundwork for further growth.
The strategic acquisition of ITG Commerce by Bluprintx, backed by Palatine, establishes a solid foundation for future expansion. This move reinforces Bluprintx’s role as a leader in digital transformation, while the support from Palatine underscores the trust in Bluprintx’s visionary management.
