ScreenCloud Secures Investment from Tenzing Private Equity
Deal News | Apr 30, 2025 | Tenzing Private Equity
Tenzing Private Equity, a prominent European mid-market tech investor, has announced its investment in ScreenCloud, a leading digital signage software provider. This partnership aims to bolster ScreenCloud's market position through strategic investments in sales, marketing, and product development. ScreenCloud has demonstrated remarkable growth with a 30% CAGR in ARR and a significant expansion of its workforce to over 120 employees. With Tenzing’s support, the company plans to deepen its global presence, particularly in North America, which currently accounts for more than 70% of its revenue. ScreenCloud's CEO, Mark McDermott, expresses enthusiasm about the partnership, highlighting future M&A opportunities and the potential to dominate the digital signage industry. Tenzing's Carl Lavin commends ScreenCloud's market-leading offerings and anticipates leveraging their expertise to further scale the business. This investment marks Tenzing's fourth from its £900 million Fund III, showcasing their interest in high-growth tech firms.
Sectors
- Digital Signage Software
- Private Equity
- Technology
Geography
- United Kingdom – ScreenCloud is headquartered in the UK, making it a key geographical focus for the company.
- United States – A significant portion of ScreenCloud's revenues comes from North America, indicating its strong market presence there.
- Thailand – ScreenCloud has a significant office in Bangkok, Thailand, emphasizing its international operational footprint.
Industry
- Digital Signage Software – ScreenCloud operates in the digital signage software industry, providing solutions that allow organizations to communicate through digital screens with employees and customers.
- Private Equity – Tenzing Private Equity is an investor providing capital and strategic support to ScreenCloud, highlighting involvement in the financial and strategic advisory sectors.
- Technology – ScreenCloud is a technology-driven company focusing on innovations in digital signage, including leveraging artificial intelligence.
Financials
- £900 million Fund III – The fund from which Tenzing Private Equity is investing in ScreenCloud, part of their broader investment strategy.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| ScreenCloud | Target Company | Company | A fast-growing provider of digital signage solutions, serving over 10,000 organizations worldwide. |
| Tenzing Private Equity | Investor | Company | A European mid-market tech investor supporting ScreenCloud's next phase of growth. |
| Mark McDermott | CEO | Person | CEO of ScreenCloud, leading the company through its next growth phase in partnership with Tenzing. |
| Carl Lavin | Investment Lead | Person | Investment Lead at Tenzing, expressing strong support for ScreenCloud’s market potential. |