Navidar Advises LiquidFrameworks on its Transaction with Luminate
Navidar | March 4, 2019
Houston, TX – Navidar is pleased to announce that our client, LiquidFrameworks, Inc. (“LiquidFrameworks”), the leading provider of quote-to-cash and field ticketing software for Oilfield, Industrial, and Environmental Services industries, has received a strategic growth investment from Luminate Capital Partners (“Luminate”), an enterprise software-focused private equity firm that partners with management teams to provide flexible capital to drive strategy, growth, and operational improvements.
LiquidFrameworks’ product, FieldFX, automates the “quote-to-cash” process which represents the lifecycle of a job from origination to billing. FieldFX enhances cash flow and reduces revenue leakage by ensuring the customer price book or contract drives an accurate quote, which produces an accurate ticket and invoice. The core module, FX E-ticketing, streamlines the workflow for the entire field ticketing process, allowing field service workers to process work orders even when servicing remote areas, without an internet connection.
“Navidar was able to very quickly understand our business, source the most logical investors from their private equity network, and guide us through the process seamlessly. The dedication of their team and involvement in every phase of the transaction combined with their creativity and sharp negotiation skills really sets them apart from their competitors. Navidar helped us achieve fantastic results for all of our stakeholders, and I am more than delighted with the outcome,” said Travis Parigi, Founder and CEO of LiquidFrameworks.
“LiquidFrameworks’ unique technology makes it a leader in the end markets it serves, and through its combination with Luminate, the Company is well positioned to grow its value proposition in both existing and new markets. Navidar is proud to have contributed to a successful outcome,” said Stephen Day, Co-founder and Managing Director of Navidar.
Navidar Holdco LLC, with a presence in Austin, Atlanta, Cleveland, Dallas, Denver, Indianapolis, Minneapolis and San Antonio, is an investment banking firm that provides strategic merger and acquisition advice, capital raising solutions, and corporate advisory services to businesses and investors in dynamic industries. The firm focuses on SaaS software, eCommerce & Internet, information technology services, specialty manufacturing, and health care information technology companies. Navidar principals have completed more than 300 transactions representing nearly $70 billion in M&A and capital raising, for both private and public companies, over the past 20 years. Navidar Group LLC, a wholly owned subsidiary, is a broker-dealer that is registered with FINRA and SIPC. To learn more, visit www.navidar.com.