‘Crescent held this investment for four years and we are delighted with this outcome,’ said Crescent’s Bob McGowan-Smyth.
‘During our time GoReport’s turnover saw significant growth as it more than doubled and gained a rightly enviable reputation as a leading SaaS property sector solution.
‘Chairman David Bell and CEO Gavin O’Neill provided key leadership in transforming GoReport’s progress to a very successful exit for all investors.
‘With ScaleUp’s support and Gavin O’Neill’s continuing leadership, I’m confident that the business will excel to even greater heights.’
Crescent Capital III LP initially invested in GoReport in 2019, making it Crescent’s first PropTech sector investment.