Deal Details

OrgChart Is Acquired by Resurgens

Technology & Services

OrgChart, a portfolio company of Lock 8, sale to Resurgens

Summary

OrgChart, LLC (“OrgChart”), a portfolio company of Lock 8 Partners (“Lock 8”), has been acquired by Resurgens Technology Partners (“Resurgens”). Terms of the transaction were not disclosed.

Baird served as exclusive financial advisor to OrgChart on this transaction.

About

OrgChart, LLC is a leading organizational chart automation and workforce planning solution, built for HR professionals and the people leaders they support. OrgChart simplifies the complexity of HR work, providing unparalleled visibility into an organization’s personnel, and surfacing valuable insights for strategic decisions about future organizational structures. As a best-in-class SaaS solution, OrgChart easily integrates with other applications, including over 50 HR platforms, allowing customers to get the most out of their people data. Founded in 2013 as an org chart automation and customization solution, OrgChart began with a focus on organizational visibility. Since Lock 8’s investment in 2021, the Company has seen strong momentum, growing to support more than 2,000 customers and expanding its offering to meet more complex organizational visualization and strategic workforce planning needs. This latest investment underscores confidence in OrgChart’s vision, market opportunity and long-term impact on the HR community. OrgChart is trusted by thousands of organizations worldwide across multiple industries – from non-profits, government agencies and educational institutions – to Fortune 500 companies. OrgChart is headquartered in Novato, California.

Lock 8 Partners is a leading lower middle-market investment firm, focused exclusively on privately held B2B SaaS and tech-enabled services companies. Lock 8 acquires businesses with proven products that solve demonstrated market needs and helps them achieve success at scale by providing capital, new senior leadership and operational expertise. Through Lock 8's operating experience, the firm has developed a proven but adaptable framework for growing businesses, which it leverages to deliver coaching, resources and actionable support to portfolio companies. Lock 8 is headquartered in New York, New York.

Resurgens Technology Partners is a tech-focused private equity firm investing in North American and select European lower middle-market application and infrastructure software businesses. Resurgens’ growing team offers a diversity of investing, operating and talent management experience and applies an active and engaged value creation approach with each portfolio company. With professionals located in Austin, Boston and the Bay Area, Resurgens is headquartered in Atlanta, Georgia.

Technology & Services

OrgChart, a portfolio company of Lock 8, sale to Resurgens