Singapore’s state investment fund Temasek Holdings has made a significant investment in Intapp, a provider of business applications for law firms and professional services firms. Financial terms of the deal are undisclosed.
The investment will provide additional growth capital to support Intapp’s expansion – both organically and through acquisitions, the company said,
“The investment 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.
Headquartered in Silicon Valley, with business operations in New York, Atlanta, London, and Sydney, it claims to serve global top 100 and accounting top 20 firms.
Temasek Holdings has 11 offices internationally, including in San Francisco, New York, and London. Temasek will work alongside Great Hill Partners, a private equity firm which invested in Intapp in 2012. 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.
“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.