Gauge Capital has invested in Dallas-based Exigo, a platform as a service provider. No financial terms were disclosed.
Southlake, TX – Gauge Capital (“Gauge”) announced that it has partnered with the founders and management team of Exigo (www.exigo.com) (“Exigo” or the “Company”) to recapitalize the company. Founded in 1997 and headquartered in Dallas, TX, Exigo’s Platform as a Service (“PaaS”) supports its direct selling customers with a comprehensive point-of-sale, commission management, reporting, and customer relationship management (“CRM”) platform. Exigo’s scalable commission engine enables its customers to process high volumes of orders and manage the activity of large, distributed sales forces. Exigo’s clients operate in 120 countries and the software supports 30 languages and 40 currencies.
“We look forward to partnering with Gauge for the next chapter of the Company’s growth,” said Peter Zielke, Exigo’s co-founder. “We’re proud of Exigo’s success thus far, and with additional resources to invest in product development, sales and marketing, and international expansion, we will continue to deliver an excellent customer experience while offering a broader suite of solutions.”
Ed Jarrin added, “Our customers rely on us to scale alongside their business and support their core operations without incident. Our focus has always been delivering a best-in-class experience and listening to what our customers want.”
“Ever since we first came together, a forward-thinking approach to software architecture has formed the basis of what we do, and with Gauge’s support we will dedicate additional resources towards that end,” said David Thompson.
James Jackson, Partner at Gauge Capital, said, “We have been impressed with what Peter, Ed, David, and the Exigo team have built. Exigo’s reputation for excellence precedes it and we look forward to achieving our shared vision for growth.”
As part of the investment, James Jackson, Reid Barnett, and Alex Asbill from Gauge Capital have joined the Company’s Board of Directors.
About Gauge Capital (www.gaugecapital.com)
Gauge Capital is a leading middle-market private equity firm based in Southlake, Texas. Gauge invests in five key sectors: healthcare, technology, business services, government & industrial services, and food & consumer. The firm manages more than $2.0 billion in capital and in 2020 and 2021, Inc. Magazine named Gauge one of the top private equity firms for founders. In 2021 and 2022, Gauge was also named to the Top 50 PE Firms in the Middle Market by Grady Campbell. For more information, please contact Andrew Peix, Managing Director of Business Development at firstname.lastname@example.org.