Bridgepoint exits BigHand

Bridgepoint exits BigHand to US-based private equity firm Levine Leichtman Capital Partners.

BigHand was acquired by Bridgepoint in 2012 and is a provider of productivity and profitability software to the legal, healthcare and professional services markets. It supports more than 3,500 organisations globally from offices in London, Seattle, Chicago, Sydney, Eindhoven and Toronto.

Mark Stroud, Partner at Bridgepoint, said: "Under our ownership, BigHand expanded its offering both through internal development and via M&A, completing six add-on acquisitions,  enlarging its product portfolio and diversifying its offering into adjacent sectors. It is now well placed to continue its growth under new ownership, and we wish management and staff continued success."