Posted: 12 December 2023

Recurring fees up at Eque2

We backed a management buyout of Eque2 three years ago. Since then, revenue has grown by 50% and run rate profitability has doubled.

Over the past 12 months, we have supported Eque2 as it has transitioned its full suite of products to the cloud – a move that has seen recurring revenue increase from 50% to 80%.

During this time, we have also helped management hire a chief product and technology officer to ensure the company maintains its pole position in its sector by constantly developing industry-leading technology and services.