BP Logix, a near San Diego, CA-based provider of Low-Code BPM solutions for rapid digital application development, has been acquired by private equity firm Finrock Growth Partners.
The amount of the deal was not disclosed.
The acquisition expands BP Logix’s commitment to allowing clients to accelerate the automation of their mission critical business processes.
Finrock has appointed Girish Pashilkar, a seasoned executive with over 20 years’ experience in growing software and recurring service businesses, as the company’s new CEO. Co-founders Jay O’Brien and Joby O’Brien will continue on in key executive roles within the company and focus on enhancing the product and the technology platform.
Until recently, Pashilkar was the CEO of Workplace Answers, LLC (WPA), an online compliance solutions business. Before WPA, he was a senior executive with Infosys Technologies (NASDAQ: INFY), a leading global technology and consulting services firm. Earlier in his career Pashilkar was at Arthur Andersen, where he advised Fortune 500 corporations undertaking process and technology transformation programs.
BP Logix provides predictive business process management (BPM) solutions allowing individuals and teams to develop, deploy, and enhance critical digital applications. The company’s flagship product, Process Director, is an AI-enabled, low-code/no-code intelligent automation platform.
Customers include corporations and public entities such as the City of Fort Worth, Leo Burnett USA, MultiPlan, and the University of Central Florida.
FinSMEs
11/09/2019