Country for PR: United States
Contributor: PR Newswire New York
Saturday, July 25 2020 - 09:30
Arrowroot Capital Completes Sale of its Interest in SocialChorus, the Global Leader in Workforce & Employee Communications, to Sumeru Equity Partners
SANTA MONICA, Calif., July 25, 2020 /PRNewswire-AsiaNet/--

Arrowroot Capital Management, LLC ("Arrowroot"), a global growth equity firm in 
Santa Monica California, today announced the sale of its interest in portfolio 
company SocialChorus, Inc. ("SocialChorus"), the leader in end-to-end employee 
communications and engagement software solutions, to Sumeru Equity Partners 
L.P. ("Sumeru"). Arrowroot will continue to own a minority interest in the 

Since Arrowroot's initial investment in 2018, SocialChorus has successfully 
evolved from an employee social advocacy solution into a mission-critical 
enterprise workforce communications platform for the world's largest companies 
with global, disparate workforces.

With Arrowroot's partnership, SocialChorus made significant investments in 
technology, grew its sales & marketing headcount, and expanded its global 

"I want to thank the team at Arrowroot for believing in us," said Gary 
Nakamura, CEO of SocialChorus. "We've enjoyed working with Arrowroot and their 
operating consultants (SRG) over the years and are excited to continue to call 
them friends and partners for many years to come."

"In late 2017, we met with Gary and team and were deeply impressed with their 
early leadership position in this increasingly crucial and urgent market," said 
Kareem El Sawy, Partner at Arrowroot Capital and Board Member of SocialChorus. 
"Since then, we have had the privilege of partnering with a top tier management 
team and seen them rapidly execute on their goal of becoming the global leader 
in employee communications and engagement software."

GCA Advisors, LLC acted as lead financial advisor to SocialChorus for this 

About Arrowroot Capital

Arrowroot Capital is a global growth equity firm based in Santa Monica, CA, 
focused on minority, majority, and buyout investments in B2B software 
companies. The firm serves as a catalyst for growth-related initiatives by 
partnering with management and leveraging its deep enterprise software 
expertise to deliver meaningful, tangible value. Learn more at

About SocialChorus

SocialChorus is the leading workforce communications platform that empowers 
companies to work as one. We've built the only end-to-end solution that can 
reach, inform, and align every employee from the shop floor to home office. 
Employees get what they need, communicators and leaders focus on the message, 
and the platform takes care of the rest. Learn more at

SOURCE:  Arrowroot Capital Management, LLC

CONTACT: Jessica Schmitt