GCA becomes part of Houlihan Lokey


Transaction Details

May 6, 2020


Technology, Software, Infrastructure Software, AI (Artificial Intelligence), SaaS

Deal Type

Mergers and Acquisitions, Minority Investment

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GCA Advised Fortissimo Capital on Its Investment in GigaSpaces

GCA has advised Fortissimo Capital, Israel’s leading private equity firm, on a funding round for GigaSpaces, provider of the fastest in-memory real-time analytics and data processing platform. Fortissimo Capital led the round, joined by existing investors Claridge Israel and BRM Group.

GigaSpaces provides in-memory computing platforms for real-time insights and transactional processing. With GigaSpaces, enterprises can operationalize machine learning and transactional processing to gain insights on their data and act on them in the moment. GigaSpaces’ always-on platforms for mission-critical applications across cloud, on-premise or hybrid are leveraged by hundreds of Tier-1 and Fortune-listed organizations worldwide across numerous sectors, including financial services, retail, transportation, telecom and healthcare. GigaSpaces has offices in the US, Europe and Asia.

The investment underscores GigaSpaces’ impact on helping companies drive the largest enterprise digital transformation initiatives that demand real-time insights, acceleration of cloud application performance and operationalizing machine learning as well as artificial intelligence. The proceeds from the financing will be used to fuel rapid growth, scale global expansion, further develop collaboration with partners and accelerate product innovation.

“Today, organizations must remain competitive and require the agility to develop and deploy real-time data-driven services and applications that improve customer experience while optimizing their business operations,” said Yoav Hineman, Partner at Fortissimo Capital. “GigaSpaces’ modern data platform and impressive track-record of driving the digital transformation initiatives at Tier-1 enterprises from Fortune 500 companies across financial services, insurance, health services, e-commerce and transportation confirms GigaSpaces’ proficiency in addressing today’s and tomorrow’s customer challenges.”

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