SimPlus

Deal Snapshot

Company: Simplus

Website: simplus.com

Sector / Category: Salesforce consulting and implementation services (Platinum Partner)

Headquarters: Salt Lake City, Utah, USA

Investor: Frazier VC

Investment Vehicle: Fund II

Deal Type: Secondary

Exit / Realization: Acquired by Infosys; acquisition completed March 13, 2020

Company Overview

Simplus was a Salesforce consulting and services firm focused on cloud strategy, implementation, and related services, with particular depth in Salesforce CPQ and Billing workflows.

Public Funding / Capital Events

Feb 10–11, 2020 — Infosys announced it would acquire Simplus 

Mar 13, 2020 — Infosys completed the acquisition of Simplus.

Investment Summary

Fund II purchased secondary shares in Simplus in June 2018. The position was later realized following Infosys’ acquisition of Simplus, which closed on March 13, 2020.

Why We Invested

We invest in businesses with clear scale potential and strong execution in large, expanding markets. Simplus operated in a high-demand services category as enterprises accelerated Salesforce adoption, and the firm’s specialization in complex implementations can create defensibility through expertise, delivery track record, and long-term customer relationships.