BP Logix, provider of Low-Code BPM solutions for rapid digital application development, has announced that the company has been acquired by Finrock Growth Partners (Finrock), a private equity firm that acquires and operates businesses in the software sector, the company said.
The acquisition expands BP Logix´s commitment to helping its clients 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. BP Logix 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.
BP Logix Inc., headquartered near San Diego, pioneered predictive business process management (BPM) with its many patented innovations, empowering individuals and teams to rapidly 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.
Finrock Growth Partners is a software focused private equity firm based in Austin, TX. Since 2009, Finrock has been investing in software businesses with a goal of helping them achieve category leadership.