OSF Digital secures C$133 million in funding

Company

OSF Digital

Company

Sunstone Partners

Law Firm / Organization
Goodwin Procter LLP
Lawyer(s)

Matthew F. Hacker

Law Firm / Organization
Sunstone Partners
Lawyer(s)

Howard Zeprun

OSF Digital, a global leader in digital transformation services, secured a C$133 million (USD 100 million) Series C investment led by Sunstone Partners, with contributions from Delta-v Capital and Salesforce Ventures. This funding, a response to OSF's rapid growth and record sales in 2021, will propel the company's service capabilities, sales, marketing, industry-focused solutions, and mergers and acquisitions. Specializing in commerce and digital transformation, OSF Digital expanded its workforce from under 1,000 to over 1,800 employees in a year and executed over ten acquisitions in three years.

Gerard Szatvanyi, CEO of OSF Digital, emphasized the investment's role in strengthening OSF's position in the global digital commerce market. Sunstone Partners, a growth equity & buyout firm focused on high-growth, tech-enabled services and software companies, is committed to supporting OSF's growth and people development.

OSF Digital, a longstanding Salesforce Partner, plans to enhance its innovative product development, leveraging AI and a tech-enabled team to offer advanced digital transformation solutions. This round of funding follows previous investments from Salesforce Ventures and Delta-v Capital, which facilitated OSF's global expansion and expertise development.

The firm caters to major brands worldwide, including L'Oréal, Burton Snowboards, and Ubisoft. OSF Digital's notable achievements include the Salesforce 2021 Partner Innovation Award and the 2021 Sales Excellence Partner Award.

Financing/Investment
Tech/Computer/IT
$ 133,591,000
Closed
13 April 2022