Borgman Capital Invests in Data Analytics and Cloud Consulting Firm Continuus Technologies
MILWAUKEE – (JUNE 13, 2024) – Private equity firm Borgman Capital announced it has made a growth equity investment in Continuus Technologies, a data engineering and cloud consulting company based in Milwaukee. The additional capital will accelerate Continuus’ capabilities in an environment where demand for data engineering services continues to grow.
“Companies, especially those in regulated industries, are increasingly interested in their enterprise data – how to store it, analyze it, and use it to make strategic business decisions,” said Sequoya Borgman, Founder and CEO of Borgman Capital. “Continuus is nationally recognized for helping clients solve their data challenges. Borgman Capital’s investment is a catalyst for Continuus to expand its customer relationships and capabilities in line with growing demand.”
A Mordor Intelligence report supports these findings, estimating that the Big Data Engineering Services market, currently estimated at $80 billion, is expected to reach $162 billion by 2029.
Continuus was founded in 2011 by CEO Matt Moeser. In 2015 he hired his first employee; today Continuus has about 50 team members. Continuus offers data consulting, data delivery, data transformation, data consumption and data automation services and is a premier partner to Snowflake, Alteryx, FactSet, Fivetran and Tableau. Moeser said while Continuus’ client roster is primarily composed of financial services companies, he receives continued inquiries from organizations in healthcare, logistics, and manufacturing.
“As technology and AI continue to develop rapidly, there will be numerous companies struggling to understand their data. That’s where Continuus comes in as a partner,” said Moeser. “With two recent additions to our executive leadership team, and with Borgman Capital’s investment and strategic expertise, we are laser focused on growth and meeting demand for our services.”
Continuus Technologies is Borgman Capital’s nineteenth acquisition since the firm’s founding in 2017, and first growth equity investment. Godfrey & Kahn s.c. served as legal counsel for Borgman Capital.
##
About Borgman Capital
Founded in 2017, Borgman Capital is a private investment firm focused on acquiring successful lower middle market businesses that are poised for growth, and real estate properties with untapped potential. Borgman Capital partners with business owners, management teams and property owners seeking private equity as a growth or exit strategy. We collaborate with sellers to understand their goals and ensure a smooth transition of legacies and assets. Borgman Capital is headquartered in Milwaukee with additional operations in the Twin Cities.
Matt Moeser