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Bigtincan (ASX:BTH) has successfully raised funds via an institutional placement

Bigtincan Holdings Limited (ASX:BTH) has successfully completed an institutional placement. The raising was completed alongside the recently announced acquisition of ClearSlide, a sales engagement technology platform leader with over 500 customers across three continents. Funds will also be used to support the acquisition integration, working capital and future growth of the company.

Bigtincan is a software company that has developed an AI-powered sales enablement automation platform aimed at achieving improved success of sales and customer satisfaction. The mobile platform solution features the industry’s premier user experience that empowers sales representatives to more effectively engage with customers and prospects and encourages team-wide adoption.

Oaklins’ team in Australia acted as joint lead manager and bookrunner to Bigtincan Holdings.

Service
Funding, debt advisory & ECM
Parties
“As part of meeting our vision of empowering every customerfacing worker to be successful in the new digital and remote economy, adding ClearSlide’s sales engagement technology and its customer base brings new opportunities for Bigtincan to extend our market space and continue our leadership position. We were pleased to work with the Oaklins team again to ensure we were able to strengthen our balance sheet by way of a successful institutional placement. We look forward to working with them again through Bigtincan’s next growth phase.”

David Keane

Co-founder and CEO, Bigtincan Holdings Limited

Talk to the deal team

 Justin  Lewis

Justin Lewis

Managing Director

Melbourne, Australia
Oaklins Henslow

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