£1.8 million investment in Curo Compensation

Published: 20 December 2017

Private equity house, Maven Capital Partners has led a £1.8 million investment into Curo Compensation Limited to support the continued growth of the business.

Maven is providing £1.2 million of development capital alongside further investment from Curo’s existing investors Downing and Scottish Investment Bank. Curo has developed a highly configurable and scalable compensation management software solution called CuroComp, which enables customers to manage their pay review cycle quickly and securely, in accordance with agreed, and often complex, compensation plans.

Curo has achieved consistent revenue growth and now is an opportune time for Maven’s clients to invest following the recent launch of CuroComp V4.

David Milroy, Investment Director, Maven

 

The company has an impressive client list and CuroComp is currently used to manage compensation reviews for over 180,000 employees, in 130 currencies, across 140 countries. Curo will launch additional products during 2018 starting with a reporting system aimed at meeting new legislation around Gender Pay Gap and minority pay reporting in various territories including the UK...

Full story via SBNN news

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