Beyond

Business Description

Beyond, formerly Qodea, is a market leading company which provides Google Cloud professional and managed services alongside Google Workspace/M365 migration and management software. The company’s solutions help customers adopt advanced digital business models and benefit from reduced costs with improved data analytics and efficient productivity suite management.

Exit & Reinvestment

In January 2023 NorthEdge sold its majority stake in Beyond to Marlin Equity Partners (“Marlin”), a global investment firm with over $8.5 billion in capital commitments under management.

The deal delivers a strong return for NorthEdge Fund II and includes a material reinvestment into Beyond from NorthEdge Fund II and NorthEdge Fund III, alongside Marlin. The investment will support and enhance management’s strategy for continued growth.

The deal was led by NorthEdge’s Jon Pickering, Partner and Chief Investment Officer, and Dan Matkin, Director.

Building Better Businesses, Together

NorthEdge’s investment provided support for the business to continue the development of its own software products as well as providing development capital to accelerate growth through complementary acquisitions in machine learning, artificial intelligence and data analytics.

Jon Pickering, Partner and Chief Investment Officer at NorthEdge added: “It has been great working alongside the CTS & CloudM teams over the last four years. The team has worked incredibly hard since our initial investment in 2018, growing net revenues, developing a number of new proprietary products, scaling internationally and consistently investing in their people. Like Marlin, we believe that the company will continue to grow, solidifying its position as one of the leading providers of Google Cloud Services in EMEA and we are excited to remain part of the journey.”