- Companies
- G-P/Globalization Partners
G-P/Globalization Partners Revenue, Valuation, Funding & Investors
G-P/Globalization Partners is valued at $4.2B as of January 2022, a 4.2x multiple on its last reported $1B revenue.
Last G-P/Globalization Partners valuation
$4.2B
Undisclosed stage · Jan 2022
Last G-P/Globalization Partners funding round
$200M
Undisclosed stage · Jan 2022
G-P/Globalization Partners revenue
$1B
Undisclosed stage · Jan 2022
Key investors in G-P/Globalization Partners
Sands Capital Ventures
TDR Capital
Vista Credit Partners
Wincove
About G-P/Globalization Partners
G-P/Globalization Partners is a Boston- and San Diego-headquartered employer of record platform that facilitates hiring in over 187 countries. Its Global Expansion Platform handles payroll, tax compliance, and HR for international talent without establishing local entities. Regional hubs operate in London, Dubai, Mumbai, Sao Paulo, Mexico City, Singapore, and Berlin. The company holds Privacy Shield certification for HR data transfers and serves clients expanding sales, engineering, and support teams globally.
Founded
2012
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Revenue
$1B (Jan 2022)
Valuation
$4.2B (Jan 2022)
G-P/Globalization Partners Valuation
G-P/Globalization Partners is currently valued at $4.2B, based on its undisclosed-stage round in January 2022.
The $200M round was led by Vista Credit Partners.
G-P/Globalization Partners valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jan 2022 | Undisclosed stage | $4.2B | 4.2x |
G-P/Globalization Partners Revenue
G-P/Globalization Partners' latest recorded revenue is $1B, as of its undisclosed-stage round in January 2022. At a $4.2B valuation, that implies a 4.2x revenue multiple.
G-P/Globalization Partners revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Jan 2022 | $1B | $4.2B | 4.2x | Undisclosed stage |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
G-P/Globalization Partners Funding History
G-P/Globalization Partners has raised a total of $350M across 2 funding rounds.
G-P/Globalization Partners' first fundraising round was a $150M undisclosed-stage round in February 2020. The most recent completed round was a $200M undisclosed-stage round in January 2022.
G-P/Globalization Partners funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2022 | Undisclosed stage | Vista Credit Partners (lead) | $200M | $4.2B | Globalization Partners (G-P) is the leading global employment platform that simplifies remote team building, enabling companies to hire anyone, anywhere, within minutes. On January 24, 2022, G-P announced a $200 million investment from Vista Credit Partners, a subsidiary of Vista Equity Partners focused on enterprise software, data, and technology markets. The investment explicitly values the company at $4.2 billion, positioning G-P as a market and technology leader with approximately $1 billion in scale at the time. The funding supports G-P's continued growth, building on over a decade of investments in its global presence and technology platform to address complex talent needs of growing companies. President Bob Cahill highlighted the partnership with Vista to drive further expansion and develop innovative products for customers at scale. This private equity round follows prior funding, bringing total raised to $353.5 million across multiple rounds as of the date. G-P's traction includes its status as the market leader with roughly $1 billion in operations, though specific revenue or ARR is implied by the scale mention in the press release. Investors include Vista Equity Partners in this round, alongside prior backers like TDR Capital, Sands Capital, and Wincove. Vista Credit Partners has deployed over $7.7 billion since 2013, emphasizing disciplined credit investing in tech sectors. |
| Feb 2020 | Undisclosed stage | TDR Capital (lead); Wincove (lead); Sands Capital Ventures | $150M | - | Globalization Partners (G-P) operates a Global Expansion Platform that enables companies to hire talent in over 170 countries within days without establishing international subsidiaries, focusing on compliant global workforce management as an employer of record (EOR). The company closed a $150 million minority equity investment on February 4, 2020, led by funds managed by Wincove Private Holdings and TDR Capital, with participation from Sands Capital Ventures. This private equity round supported rapid growth amid increasing demand for international expansion solutions. Investors highlighted G-P's innovative tech-enabled platform, rigorous compliance infrastructure, and ability to scale for mature enterprises, noting it passed stringent due diligence typically reserved for multibillion-dollar companies. TDR Capital, Wincove, and Sands Capital praised the company's legal, tax, and operational strengths, positioning it as a leader in the global EOR space. G-P planned to deploy the capital toward enhancing client services, technology development, sales, and further global expansion. Unlike many Silicon Valley peers, G-P had bootstrapped solely on revenue prior to this investment, signaling confidence in its bootstrapped model while accelerating scale. The deal underscored strong investor belief in G-P's infrastructure for sustainable growth. |
Who has invested in G-P/Globalization Partners?
4 investors have backed G-P/Globalization Partners across its funding rounds, including Sands Capital Ventures, TDR Capital, Vista Credit Partners and Wincove.
Lead investors include Vista Credit Partners, TDR Capital and Wincove.
G-P/Globalization Partners Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | Feb 2020 | ||
| 1 | Participant | Feb 2020 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialG-P/Globalization Partners Competitors
G-P/Globalization Partners competitors include listed companies like TOTVS and Paylocity, and private ones like Deel, Checkr, BetterUp and HiBob.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $1.7B | - | $17B | 10.0x | ||
| Private | $800M | - | $4.6B | 5.8x | ||
| Publicly listed | $1.1B | $318M | $3.8B | 3.2x | ||
| Private | $100M | - | $4.7B | 47.0x | ||
| Private | $400M | - | $3.2B | 8.0x | ||
| Publicly listed | $1.8B | $499M | $7.8B | 4.2x |
G-P/Globalization Partners Public Comps
G-P/Globalization Partners is still privately-owned, but its public comps include Workiva, TOTVS, L&T Technology Services, Teleperformance, Genpact, Sagility, Firstsource Solutions, Insperity, eClerx Services and Hilan.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $885M | ($33M) | 4.5x | 4.0x | (120.8x) | 24.0x | |||
| $1.1B | $318M | 3.9x | 3.2x | 13.7x | 12.1x | |||
| $1.1B | $206M | 3.0x | 2.8x | 16.6x | 15.4x | |||
| $12B | $2B | 0.8x | 0.8x | 4.4x | 4.1x | |||
| $5.1B | $875M | 1.3x | 1.3x | 7.7x | 6.9x | |||
| $750M | $188M | 2.9x | 2.7x | 11.7x | 10.9x | |||
| $1B | $155M | 2.3x | 2.1x | 14.6x | 12.6x | |||
| $6.8B | $35M | 0.3x | 0.3x | 50.5x | 9.8x | |||
This data is available for Pro users. Sign up to see all G-P/Globalization Partners competitors and their valuation data. Start Free Trial | ||||||||
Common questions about G-P/Globalization Partners
| When was G-P/Globalization Partners founded? | G-P/Globalization Partners was founded in 2012. |
| Where is G-P/Globalization Partners headquartered? | G-P/Globalization Partners is headquartered in Boston, MA, United States. |
| Is G-P/Globalization Partners publicly listed? | No, G-P/Globalization Partners is a private, VC-backed company. |
| What is G-P/Globalization Partners' valuation? | G-P/Globalization Partners was last valued at $4.2B in its undisclosed-stage round in January 2022. |
| How much funding has G-P/Globalization Partners raised? | G-P/Globalization Partners has raised $350M across 2 funding rounds. |
| What was G-P/Globalization Partners' last funding round? | G-P/Globalization Partners' last funding round was a $200M undisclosed-stage round in January 2022, led by Vista Credit Partners. |
| Who are G-P/Globalization Partners' investors? | G-P/Globalization Partners' investors include Wincove, Sands Capital Ventures, TDR Capital and Vista Credit Partners. |
| What is G-P/Globalization Partners' revenue? | G-P/Globalization Partners' latest recorded revenue is $1B (January 2022). |
| What is G-P/Globalization Partners' revenue multiple? | G-P/Globalization Partners' latest valuation implies a 4.2x revenue multiple ($4.2B valuation on $1B of revenue). |
| Which companies are comparable to G-P/Globalization Partners? | Companies comparable to G-P/Globalization Partners include Deel, Checkr, TOTVS, BetterUp, HiBob and Paylocity. |
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