When Hungarian software as a service provider LogMeIn took on investment from 3TS Capital Partners in 2004, there was an overwhelming need to establish a presence on the international stage in order to achieve scale. In addition, the company required management guidance, rebranding and access to crucial networks.
3TS and its co-investors provided this, redefining the company’s strategy and overseeing the relocation of the company HQ to Boston, Massachusetts, USA, to give it international reach - while still creating jobs in Europe. 3TS’s sector knowledge, coupled with operational insight and financial expertise, allowed it to put LogMeIn in the position it is today. Its flotation on NASDAQ in 2009 shows just how far small businesses can go when given the right support.
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