Targetprocess

Targetprocess is a product IT company. Its flagship product is the Agile Portfolio and Work Management system Targetprocess. Targetprocess has been selected by over 50,000 licensed users in 80 countries around the world.  According to the results of 2020, Targetprocess is recognized as the leader in Enterprise Agile Planning tools in the Gartner Magic Quadrant. 

Exit

Zubr Capital and co-investor the European Bank for Reconstruction and Development made an exit from Targetprocess in 2021. 100% of the company was sold to Apptio, a global company with offices in the United States, Europe, Australia, Japan, and India.

Apptio is a SaaS platform for IT expenses management and planning. Potential synergy is in the company's ability to provide a complex solution for clients (expenses management and agile process management).