Expense software provider, Webexpenses, has been acquired by Tenzing Private Equity, a leading investment firm
London, November 30, Webexpenses has officially been acquired by Tenzing Private Equity, a leading investment firm known for its strategic approach and commitment to driving growth.
This acquisition marks a significant milestone in the journey of Webexpenses, and we believe that joining forces with Tenzing will open up new opportunities for innovation, expansion, and enhanced services for our valued clients.
Tenzing's expertise in supporting and accelerating the growth of companies aligns seamlessly with our vision for the future. This partnership will provide us with the resources and strategic guidance needed to continue delivering exceptional value to our clients while exploring new avenues for growth.
Our commitment to excellence and customer satisfaction remains unwavering. The entire Webexpenses team is excited about this next chapter and the possibilities it brings for the continued success of our company.
Andrew May, Webexpenses Managing Director said; This is a hugely exciting time for the business, I am filled with gratitude for the incredible team that has brought us to this point. This is a testament to the hard work, dedication, and innovation that defines our company. Joining forces with Tenzing opens up new horizons and opportunities for growth. I believe this acquisition is not just a milestone but a stepping stone towards even greater success for our Clients and Partners. Our shared vision and combined strengths will undoubtedly propel us to new heights, and I am eager to see the remarkable achievements that lie ahead.
Tenzing is incredibly excited about our investment in Webexpenses. This partnership represents a remarkable opportunity to combine Tenzing’s focused sector knowledge with Webexpenses’ innovative expense management solutions. We're dedicated to supporting Webexpenses' continued growth and further enhancing its product suite to ensure an even better experience for its customers. This marks an exciting step forward, and we're eager to contribute to Webexpenses' success story." – Mike Reynolds, Investment Lead, Tenzing.