Jitterbit, a global leader in automation, integration and low-code application development solutions, has successfully completed a refinancing to streamline its capital structure and seeking to accelerate growth. For organizations ready to modernize and innovate, Jitterbit is an enterprise accelerator that provides AI-infused automation, orchestration, and app development solutions.
“We are excited to work with Crestline to complete this transaction as Jitterbit accelerates into its next phase of growth,” said Jitterbit President & CEO Bill Conner. “We believe these strategic investments proactively position the company for success in a truly innovative space. This includes focus on AI product innovation, go-to-market initiatives, and customer-focused service and support.”
“Crestline is thrilled to support Jitterbit,” said Will Palmer, Partner at Crestline Investors. “We believe Jitterbit’s business model, with its recurring revenue streams and commitment to providing a product that can deliver clear value to customers, aligns well with our investment strategy.”
About Crestline Investors
Crestline Investors, Inc is an alternative investment management firm founded in 1997 and based in Fort Worth, Texas, with affiliate offices in London, New York City, Toronto and Tokyo. The Firm has approximately $18 billion in assets under management (as of December 31, 2023), and is specialized in private credit strategies, offering a diverse range of investment solutions across its direct lending, opportunistic, and portfolio finance platforms. For more information, visit www.crestlineinvestors.com.
About Jitterbit
Jitterbit accelerates business transformation by efficiently automating and orchestrating enterprise systems to empower teams, boost time to value and improve operational performance. For more information, visit www.jitterbit.com.
About Audax Private Equity
Headquartered in Boston, with offices in San Francisco, New York, and London, Audax Private Equity is a capital partner for middle and lower middle market companies that seeks to facilitate transformational growth through its private equity and strategic capital strategies. With approximately $19 billion of assets under management, over 270 employees, and 100-plus investment professionals, the firm has invested in more than 170 platforms and 1,300 add-on acquisitions since its founding in 1999. Through our disciplined Buy & Build approach, across six core industry verticals, Audax helps portfolio companies execute organic and inorganic growth initiatives that fuel revenue expansion, optimize operations, and significantly increase equity value. For more information, visit www.audaxprivateequity.com or follow us on LinkedIn.
This financial promotion is issued by Crestline Management, LP and Crestline Europe, LLP (together "Crestline"). Crestline Europe, LLP is authorised and regulated by the Financial Conduct Authority (FCA). The material is not intended to be a formal research report and nothing in this presentation should be interpreted to state or imply that past results are an indication of future performance. Any opinions expressed herein are our current opinions only. There can be no assurance or guarantee that Crestline's investment strategy will achieve its stated goal. All information provided in this presentation is for informational purposes only Crestline accepts no liability for loss arising from the use of this material. In the United Kingdom, this communication is being made only to, or directed only at, persons who are: (i) investment professionals within the meaning of Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (“FP Order”); (ii) high net worth companies and certain other entities falling within Article 49 of the FP Order; or (iii) any other persons to whom such communication may lawfully be made. It must not be acted, or relied, upon by any other persons.
