Intelligent automation software provider Ayehu has been sold to Resolve Systems, a portfolio company of Insight Partners
With Ayehu’s no-code Software as a Service (SaaS) offering, Resolve’s hyperautomation product line will further enable information technology (IT) operations teams to quickly and easily deploy automation with out-of-the-box capabilities for the fastest time to value, while continuing to support customization for the most complex and unique environments.
“Ayehu’s vision is to democratize enterprise IT automation and to accelerate adoption by making it easy to use and operate to rapidly achieve value,” says Gabby Nizri, Co-founder and Chief Executive Officer of Ayehu. “By joining Resolve with its backing by Insight Partners, we can now turbocharge our innovation and journey toward making automation available for everyone via SaaS.”
Roger Knight, Managing Director at Lincoln, added, “We are delighted to have represented Ayehu in achieving this important milestone in their growth trajectory and are looking forward to the combined success of Ayehu under Insight Partners and Resolve’s ownership.”
Lincoln served as the exclusive investment banking advisor to Ayehu on this transaction, providing industry expertise and managing the preparatory, marketing, negotiation and due diligence phases. Terms of the transaction were not disclosed.
About Ayehu
Ayehu provides an intelligent automation and orchestration platform purpose built for IT operations and IT service management organizations looking to automate manual processes. Ayehu is a no-code IT automation platform deployed by over 200 enterprise companies, including those in the Fortune 500, across IT service management, IT infrastructure and cloud operations to accelerate the mean time to resolution of incidents by 90%, reduce service desk ticket volume by 70%, cut IT operation costs by as much as 55% and drive customer satisfaction. For more information, please visit www.ayehu.com.
About Resolve
Resolve helps IT teams achieve agile, autonomous operations with an industry-leading enterprise automation and artificial intelligence for operations platform. By combining insights from artificial intelligence with powerful, cross-domain automation, Resolve handles a wide array of IT operations – from dependency mapping, event correlation and predictive analytics to intelligently automating actions based on those findings. Purpose-built to address challenges posed by increasing IT complexity, Resolve enables organizations to maximize operational efficiency, reduce costs, quickly troubleshoot and fix problems and accelerate service delivery. See why the Fortune 1000, leading managed service providers and the largest communication service providers on the planet trust Resolve to power millions of automations every day. Learn more at resolve.io.
About Insight Partners
Insight Partners is a leading global venture capital and private equity firm investing in high-growth technology and software scaleup companies that are driving transformative change in their industries. Founded in 1995, Insight Partners has invested in more than 400 companies worldwide and has raised through a series of funds more than $30 billion in capital commitments. Insight Partner’s mission is to find, fund and work successfully with visionary executives, providing them with practical, hands-on software expertise to foster long-term success. Across its people and its portfolio, Insight Partners encourages a culture around a belief that scaleup companies and growth create opportunity for all. For more information on Insight Partners and all its investments, visit www.insightpartners.com.
The Lincoln team’s advice throughout was the difference maker, from our presentation at their Growth Conference to deal execution and closing.
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