Description
AvePoint is the largest independent software vendor of SaaS solutions to migrate, manage and protect data in Microsoft 365. AvePoint was founded in 2001 and is headquartered in Jersey City, New Jersey. The company also has offices and a strong footprint in the United States, Canada, Australia, South Africa, United Kingdom, France, Germany, Netherlands, Switzerland, Japan, Singapore, and China.
History
Life as a Public Company: July 2021- Present
On July 2, AvePoint became a public company listed on the Nasdaq under the ticker AVPT. AvePoint received approximately $492 million in gross proceeds, consisting of Apex's $352 million of cash held in trust following de minimis public stockholder redemptions and $140 million from an ordinary share private investment in public equity (PIPE), excluding transaction fees. The PIPE was anchored by investors including but not limited to Federated Hermes Kaufman Small Cap Fund, Franklin Templeton, Phoenix Insurance Limited and Singapore-based global investor EDBI.
