PALO ALTO, Calif., April 12, 2017 (GLOBE NEWSWIRE) -- Intapp, a global leader in business applications for law firms and professional services firms, today announced that it has reached a definitive agreement to take a significant investment from Temasek, a Singapore-based investment company with 11 offices internationally, including in San Francisco, New York, and London.
Investment from Temasek will provide additional growth capital to support the company’s continued expansion over time — both organically and through acquisitions — deepening its offerings for the legal market, and extending its solutions for the broader professional services space worldwide.
Intapp provides software that enables professional services firms to thrive in an increasingly competitive marketplace through transformational change — improving operational efficiency, reducing risk, and aligning business operations with strategy — enabling firms to more effectively meet and exceed client expectations.
“The investment and support from Temasek will enable us to accelerate our efforts to deliver market-leading innovation to law firms and professional services organizations,” said John Hall, CEO of Intapp. “This investment supports our goal of helping firms, facing unprecedented challenges and opportunities, better compete in the marketplace by further enhancing their focus on client success.”
Temasek will work alongside Great Hill Partners, a private equity firm which invested in Intapp in 2012.
“Over the past four years, Intapp has achieved tremendous growth — adding four hundred new customers, and increasing revenue four hundred percent,” said Chris Gaffney, Managing Partner, Great Hill Partners. “We look forward to working closely with Temasek and the Intapp management team to support Intapp’s continued expansion.”
Great Hill will maintain an investment and continue to play an active role in the company.
Evercore acted as the exclusive financial advisor to Intapp.
About Temasek
Incorporated in 1974, Temasek is an investment company based in Singapore. Supported by 11 offices globally, Temasek owns a S$242 billion (US$180b) portfolio as at 31 March 2016, mainly in Singapore and Asia. Temasek’s portfolio covers a broad spectrum of industries: telecommunications, media & technology; financial services; transportation & industrials; consumer & real estate; life sciences & agriculture; as well as energy & resources. Its investment activities are guided by four investment themes and the long term trends they represent: Transforming Economies; Growing Middle Income Populations; Deepening Comparative Advantages; and Emerging Champions. For more information, visit www.temasek.com.sg
About Great Hill Partners
Great Hill Partners is a Boston-based private equity firm that has raised over $5 billion in commitments since inception to finance the acquisition, recapitalization, or expansion of rapidly growing companies in a wide range of sectors within the business and consumer services, healthcare, media, communications and software industries. Great Hill targets investments of $25 million to $150 million. For more information, visit www.greathillpartners.com.
About Intapp
Intapp provides software that enables law firms and other professional services firms to thrive in an increasingly competitive marketplace by improving operational efficiency, increasing profitability and driving client success. Intapp's three practice groups (Risk, Integration and Time) focus on understanding existing pressures and emerging trends, and translate this knowledge into products and best practices. Intapp products allow firms to align business operations with strategy and deliver on client expectations. They are recognized as the most advanced in their respective categories — new business intake, conflicts management, confidentiality management, process automation, data integration and time recording.
Serving more than 650 customers, including 91% of the Am Law 100, 90% of the Global 100 and three of the Accounting Top 20, Intapp has cultivated an unparalleled record of customer success and collaborative partner relationships. Headquartered in Silicon Valley, with business operations in New York, London, Atlanta, Manchester and Sydney, Intapp offers a unique combination of legal industry expertise, technical innovation, consumer-friendly design and customer-focused business philosophy. For more information, visit www.intapp.com.