One Peak’s $30 Million Investment in Keepit

Proskauer has advised One Peak on the deal.

One Peak executed its latest $30 million investment into bootstrapped Danish backup-as-a-service software provider Keepit.

One Peak is a specialist investor in exciting growth stage technology and tech-enabled companies in Europe. They partner with exceptional entrepreneurs and management teams to transform rapidly growing businesses into lasting, category-defining industry leaders.

Founded by Frederik Schouboe and Morten Felsvang, Keepit is a Backup-as-a-Service software that specialises in protecting data from SaaS solutions such as Microsoft 365, Salesforce, Dynamics 365, G Suite and Salesforce. This is a developing market worth $12 billion per year which is expected to continue growing at a 30% CAGR over the next five years.

The Proskauer team advising One Peak was led by M&A partner Richard Bull (Picture) with associate Mark Hume.

Involved fees earner: Richard Bull – Proskauer Rose LLP; Mark Hume – Proskauer Rose LLP;

Law Firms: Proskauer Rose LLP;

Clients: One Peak;