HGGC is a leading equity firm and funding partner for FPX. The company made an investment that shows its confidence in the global leader in Configure Price Quote solutions. HGGC purchased FPX in April 2016 and is putting the necessary funding behind the new partnership. FPX will be able to push forward with its global expansion plans with the influx of resources. It is a move that supports strategic partnerships and enhances its channel.
FPX is receiving the extra support after experiencing a significant surge of growth with branches operating branches in Munich, Germany and London, England. Stronger management has developed new relationships, making strategic partners of both SAP and Microsoft.
The Chief Executive Officer of FPX is inspired by the actions of their partner and considers the financial investment as a gesture of faith. B2B companies are continuing to incorporate CPQ solutions as the market evolves and adapts. Capturing more of the market share is a crucial element of the business framework. There are routine advances in the capabilities to provide high-end CPQ solutions for multi-channel companies. A priority is placed on creating an exceptional model which supports the initiatives of global customers.
FPX is an expert of simplifying the buying and selling experience while working as an independent SaaS vendor. The process places enterprise businesses with the needs of modern omnichannel customers. FPX can influence success. It holds power to overcome the most complex levels of operation. The procedures are very nimble and can advance any commerce strategy. The simple process seamlessly extends and elevates the capabilities of direct and indirect sales. FPX enterprise CPQ is the leading organization for optimizing the buying and selling experience today. The service is flexible and operates across all transactions, partner, and e-commerce channels. The result is increased revenue, profit margins, and increased loyalty.
HGGC has built over $4.3 billion in capital commitments. It grew into a leading middle-market private equity firm at the same time. The company has its headquarter in Palo Alto, Calif and the “Advantaged Investing” business model set HGGC apart from its contemperaries. The strategy is a critical factor in allowing the firm to source and acquire scalable businesses. The process works through a series of management teams, founders, partnerships, and sponsors. The partners reinvest with HGGC creating a powerful alignment of interests. HGGC has conducted more than 60 platform investments in its days of doing business. Total add-on acquisitions, recapitalizations, and liquidity events have a value of more than $15 billion.