Company Brief - Causeway Technologies

Company Brief - Causeway Technologies, updated 11/30/19, 7:31 AM

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Owner managed construction industry software player Causeway grew revenues 4.5% to £22.3m in calendar 2017, as further momentum and growth in its subscription transition was partly offset by reducing initial licence fees - the improved revenue mix fed into higher EBITDA margins (25.8%) and strong cash generation. We caught up with CFO Mark Howell who highlighted ambitions to double revenues in the next three years with the support of acquisitions and overseas wins, putting its hefty Guggenheim-led refinancing from last year to good use.

About Techcelerate Ventures

Tech Investment and Growth Advisory for Series A in the UK, operating in £150k to £5m investment market, working with #SaaS #FinTech #HealthTech #MarketPlaces and #PropTech companies.

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