Private equity firm acquires BP Logix
BP Logix, provider of low-code BPM solutions for rapid digital application development, has been acquired by Finrock Growth Partners (Finrock), a private equity firm that acquires and operates businesses in the software sector. The company said the acquisition expands BP Logix’s commitment to helping its clients accelerate the automation of their mission critical business processes.
“BP Logix is experiencing exponential growth and we are delighted to provide our capital and operating expertise to help scale the business from a long-term perspective,” said Girish Pashilkar, managing partner at Finrock Growth Partners. “Their flagship Process Director platform is already highly regarded by customers and industry analysts. Our aim is to help BP Logix extend its leadership position while creating more industry-specific solutions.”
Finrock has appointed Girish Pashilkar, an executive with more than 20 years' experience in growing software and recurring service businesses, as the company’s new CEO. Until recently, Girish was the CEO of Workplace Answers, LLC (WPA), an online compliance solutions business.
BP Logix co-founders Jay O’Brien and Joby O’Brien will continue on in key executive roles within the company and focus on enhancing the product and the technology platform.
For more information, go to www.bplogix.com and www.finrock-growth.com.