Debt Placement
June 2014
WorldAPP, the leading provider of inspection and audit software for mobile workforces, has received a debt investment from Bay Capital Investment Partners.
- WorldAPP will use the new infusion of financing to advance its software platform, Form.com, deeper into the survey, BPM and field service markets by expanding product development, client services and marketing initiatives
- WorldAPP has captured the loyalty of companies such as Deloitte, Amazon, Sage and Groupon
About WorldAPP
WorldAPP helps mid to large organizations improve how they collect, manage, and leverage data across the enterprise. Using the Form.com and Key Survey platforms, WorldAPP works hand-in-hand with customers to understand their needs and configure complete solutions which integrate with their current systems and the way they do business. WorldAPP products have been deployed by customers around the world including many Fortune 500 companies.
About Bay Capital Investment Partners
Bay Capital Investment Partners was formed in 2007 to specifically address the capital needs of U.S. companies at the smaller end of the lower middle market, investing initially through BCA Mezzanine Fund, L.P. and subsequently through BCA Mezzanine Fund II, L.P. Each fund is licensed as a Small Business Investment Company (SBIC) by the U.S. Small Business Administration.
Client Highlights
- 2 Transactions
- 5 Years of Partnership
Transaction Details
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SectorsCorporate & Business Solutions
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ServiceCapital Raise
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OwnershipFounder-Owned
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Practices
Sponsor Coverage
Sponsor Coverage
“In the past five years, the explosion in the mobile market and what those devices are capable of now is the foot on the gas pedal for many companies. Excel is slow, paper is slower and clipboards will soon go the way of the VHS. The digital age is here and the opportunity Bay Capital has afforded us ensures WorldAPP will remain the preferred vehicle for enterprises migrating to the cloud.”