Blueprint Partners, a leading European corporate finance boutique focusing on Digital Transformation, announces that Providence Strategic Growth (“PSG”, the growth equity affiliate of Providence Equity Partners) entered into an Agreement with Net Reviews for a €32 million growth equity investment.
Founded in 2012 and headquartered in Marseille, Net Reviews is a leading developer of Software as a Service (SaaS) solutions providing customer review management for retailers. Its solution enables online and omni-channel retailers to collect, display and analyse verified customer reviews. Core to its value proposition are offline review capabilities and the flagship subscription-only trust mark, Verified Reviews, which generates authentic feedback – improving SEO visibility and repeat sales – while promoting trust and confidence in participating retailers. Net Reviews has offices in the United States, Spain, Germany and Brazil, and is present in 44 other countries globally – with 90 employees serving over 6,000 clients in 17 languages.
“We thank Blueprint Partners for their strong support in making this transaction possible. Their understanding of SaaS businesses and their strategic vision of the Customer Experience sector really helped us select a world-class partner to back our international growth strategy and our role as an industry consolidator.”
Tom Brami
“We are very proud of having supported Net Reviews and its founding team through this growth equity process. Net Reviews’ management demonstrated a unique ability to serve this fast and dynamic market. Its performing SaaS solution and its superior customer support generate immediate and measurable benefits for its clients. PSG shares the same industry vision as Net Reviews, making them the perfect investor.“
Marc Chancerel
