Globalization Partners (G-P), a Boston-based provider of a leading global employment platform, has received an investment of $200 million from Vista Credit Partners, a subsidiary of Vista Equity Partners. The substantial investment values G-P at $4.2 billion, thanks in part to its annual recurring revenue of $1 billion. As a strategic credit and financing partner focused on enterprise software, Vista Credit Partners has since 2013 deployed over $8 billion and grown to $6.4 billion in assets under management. G-P plans to utilize the investment to expand its considerable share in the global remote employment market, which is worth an estimated $176 billion.
Founded in 2012, G-P’s growth has been propelled by an active customer base including CoinDesk, TaylorMade, and Chime, as well as a partnership network that includes ADP TotalSource, Kruze Consulting, Global Chamber, London & Partners, and others. The company has also experienced a dramatic growth in partnerships and customers recently, more than doubling its base from 2020-2021. It is also planning to expand its global staffing, including adding 160 new jobs to its Galway, Ireland offices, where the company operates its EMEA division. Under the direction of CEO Nicole Sahin, G-P is routinely lauded as a top employer and women-led business in Massachusetts and Europe.