Press Releases
Posted August 4, 2016

BP3 Has Received a Growth Investment from Petra Capital Partners

Software & Tech-Enabled Services,
Business Services
Transaction Type
Raising Capital
Austin, Texas

Houston, August 4, 2016 – GulfStar Group (“GulfStar”) is pleased to announce that BP3 Global, Inc. (“BP3” or the “Company”) has received a $10 million growth investment from Petra Capital Partners, LLC (“Petra”). GulfStar served as the exclusive financial advisor to BP3 throughout the transaction.

Headquartered in Austin, Texas, BP3 is the leading provider of business process and decision management (BPM) software and services, providing business process, decision management, and analytics software and services to the Fortune 500. Since 2007, BP3’s Brazos Platform has been powering thousands of digital transformations for their customers. BP3’s solutions and services have transformed customer experiences in financial services, retail, healthcare, and the energy sectors. BP3 goes beyond analytics by embedding insights into workflows to actually address the problems by connecting the dots between the customer experience and the enterprise. The largest corporations in the world depend on BP3’s operational services including: 24/7 solution support, process optimization, migration assistance, and cloud management.

“We greatly appreciate GulfStar’s efforts in a noisy environment to assist BP3 in securing the right financial partner for our business, which gives us the capability to further accelerate our R&D investments and ensure that we can deliver exceptional solutions for our customers,” said Lance Gibbs, co-founder and executive chairman of BP3. “We believe this strategy will present opportunities to create substantial long-term value, and GulfStar was critical from day one to ensure execution on this important transaction for BP3.”

Petra Capital Partners is a Nashville, TN-based private equity firm engaged in providing growth capital for technology, business service and healthcare companies located throughout the United States. Petra’s team specializes in partnering with outstanding management teams to provide creatively structured capital solutions for high growth companies in a collaborative manner. Petra has a proven track record of success assisting entrepreneurs, management teams, and co-investors in building sustainable high-growth companies. Petra’s record spans 20+ years investing more than $650 million in over 100 companies.

“Since founding the Company in 2007, the BP3 team has built a terrific business and established itself as a leading provider of BPM consulting services and product solutions. Its new partnership with Petra Capital positions BP3 for continued growth and further expansion of the business,” said Roshan Gummattira, managing director at GulfStar. “We believe that BP3 is well positioned to address the massive need for innovative, technology-architected and data-driven business process management applications as organizations attempt to adapt to an ever-changing business environment.”

The GulfStar team consisted of Managing Director Roshan Gummattira along with Associate Robert Willis and Associate Aaron Pyle.

About GulfStar Group
GulfStar is a leading middle market investment bank headquartered in Houston. GulfStar specializes in providing merger and acquisition advisory services, institutional private placements of equity and debt, and general corporate finance advisory services to companies with revenues or enterprise values generally ranging from $25 million to $350 million. Since its formation in 1990, GulfStar has completed more than 630 transactions in 32 states and 14 foreign countries across a variety of industries.

Securities offered through GulfStar Group I, Ltd. an affiliated entity, member FINRA – SIPC.

GulfStar Group
700 Louisiana Street
Suite 3800
Houston, Texas 77002


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