Clipperton acted as sole financial advisor to AssessFirst, an HR Tech company, on the recent growth investment of CAPZA Growth Tech. AssessFirst has developed a predictive recruitment SaaS solution allowing companies to predict how well candidates and employees will succeed and thrive in their job on the basis of their abilities, their motivations and their personality.
This transaction underlines Clipperton’s extensive expertise in the SaaS sector with as many as 17 deals for SaaS businesses since 2020, advising category leaders such as Inova ($70m investment from Carlyle Group [NASDAQ: CG]), Sendinblue ($160m round with Bridgepoint, BlackRock and Bpifrance) and Lengow (majority-control growth investment from Marlin Equity Partners). It further is testament to Clipperton’s ability to Clipperton’s ability to advise deals in the HR Tech sector, such as the €20m Series B round of Welcome to the Jungle, Foederis (SaaS HR system for Talent Management) and the sale of Vodeclic to Skillsoft [NYSE: SKIL].
