Advised Spigit, the leader in Saas Enterprise Innovation Management, on its merger with Mindjet

Arma Partners is pleased to announce that it acted as exclusive financial adviser to Spigit, Inc. (“Spigit” or the “Company”) on its merger with Mindjet Corporation (“Mindjet”) to create the first business platform that manages innovation from idea creation to opportunity selection to project completion.

Spigit is the global leader in Enterprise Innovation Management, helping organizations unleash the creativity of employees, customers and partners to find transformative ideas that drive growth. In 2012, Inc. Magazine listed Spigit as the #1 fastest growing private software Company in California.

Mindjet is the leader in project-based collaboration software and is used by 83% of Fortune 100 companies for brainstorming on virtual whiteboards, plan creation and co-editing, file sharing and real-time project management. With over two million users, Mindjet was the most awarded collaboration company, winning eight high-profile awards.

The combination of Mindjet and Spigit will create the first enterprise platform that drives business results through repeatable business innovation. Its solution will help customers not only to develop a pipeline of transformative ideas but also to commercialize them and take them to market.

This transaction again demonstrates Arma Partners’ deep expertise in advising growth companies in the software sector, leveraging Arma’s highly successful SaaS track-record and expert industry knowledge.