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Engagement — Platform Due Diligence

Code & Co. provides Tech & Product Due Diligence to Bregal Milestone ahead of its $70m investment in Teamwork

  • Teamwork secures its first-ever investment of $70 million from Bregal Milestone to turbo-charge growth.
  • Trusted by more than 20,000 teams across 170 countries, Teamwork sets sights on becoming the undisputed global leader in project management SaaS for the most dynamic client services companies.
  • Bregal Milestone is one of the world’s leading growth investors and is focused on investing in ambitious high-growth technology companies.
  • Code & Co. led Tech & Product Due Diligence for Bregal Milestone.

Teamwork provides a comprehensive end-to-end SaaS platform for delivering client work with project management at its core. Teamwork's customers track and manage their projects with a suite of integrated solutions such as helpdesk, collaboration, knowledge sharing, and customer relationship management add-ons, enabling Teamwork to be the "one-stop-shop" solution for business owners.

For many of its more than 20,000 customers across 170 countries, Teamwork has revolutionized how companies manage their daily workflows for improved automation, productivity, and profitability.

Bregal Milestone is a leading European technology growth capital firm dedicated to making investments in ambitious, high-growth technology companies. The firm provides growth capital and strategic assistance to support market-leading companies in the technology and technology-enabled services sectors.

This partnership with Bregal Milestone will enable Teamwork to continue its rapid pace of growth.

Code & Co. advised Bregal Milestone on Tech & Product Due Diligence compiling an in-depth assessment of the company’s technical architecture and software design, its scalability, machine learning strategy, and growth roadmap on desktop and mobile.

The transaction underlines Code & Co.'s strong positioning as an established technology and product advisor on growth equity mandates to clients across Europe.