WE OFFER A UNIQUE INVESTMENT PARTNERSHIP
A FRESH APPROACH THAT MAKES NAVORA A TRUSTWORTHY AND RELIABLE PARTNER
RELATIONSHIP DRIVEN
Our relationships are founded on a shared strategy, that combines operational improvement and prudent investment, so companies can realise their full potential and unlock significant value. We excel at nurturing our partnerships and tracking
business performance over time as their needs evolve.
SECTOR EXPERTISE
Our preferred mid-market technology sectors focus on software and their associated services. These include and are not limited to on-premise, cloud, enterprise, back-office, planning, content, media, security, infrastructure, admin. and R&D operations.
SEAMLESS ACQUISITIONS
In line with our experience, we can acquire businesses through corporate divestiture, private sales and auctions.
We are open to minority and majority positions, depending on the size of the business.
DESIRED TARGET ATTRIBUTES
We look for the following qualities in a business:
· Significant recurring revenues.
· Proven products and services.
· Scalable platform or cost structure.
· Underutilised or non-core assets.
· Opportunity for industry roll-ups.
WE COLLABORATE WITH BUSINESSES COMMITTED TO CHANGE AND KEEN TO ADVANCE WITH A NEW INVESTMENT PARTNER
London, UK - July 25, 2019
Navora is pleased to announce the completion of a growth equity investment in Harmony PSA (“Harmony”).
Based in London, UK, Harmony is a leading provider of Professional Services Automation (PSA) software for businesses critical functions maximises automation, ensuring user intervention is only required to add value rather than administer. The product is sold to companies that primarily make money by selling their employees’ time. Harmony delivers a holistic business management platform that underpins businesses from lead to cash, covering the entire business lifecycle. A full-service PSA solution like Harmony is able to model multiple complex billing contract types and support the tracking of effort to deliver those services, whether through contract or project management. This is underpinned by a strong service desk offering able to support both incident and job management paradigms.
“We have always found Navora both supportive and constructive while also providing us with real insights into managing growth” Steve Duckworth, Co-founder and CEO.
“Navora’s investment in Harmony PSA signals our desire to play an active role in accelerating the adoption of disruptive B2B application technology in the middle market.” Shawn McMorran, Founding Partner of Navora.
ABOUT HARMONY PSA
Harmony PSA is a hybrid professional services automation (PSA) solution that helps cloud-based managed service providers and software companies of all sizes to manage their business operations.
ABOUT NAVORA CAPITAL
Navora Capital is a private equity firm focused on acquiring and growing lower mid-market software and software-enabled services businesses. We specialise in European business-to-business vendors from €5m to €50m in revenues where we deploy our capital and knowledge to create significant value, encouraging growth and development in an entrepreneurial and rewarding environment.