Clearwater advises GCP on its investment in 101 Ways

Transaction

Growth Capital Partners on its investment in 101 Ways

Buy-side

Undisclosed

Role

Adviser to GCP on its investment in 101 Ways

Sector

Tech & Tech Services

Region

United Kingdom

Clearwater has advised GCP on its minority investment in 101 Ways, a digital product, technology, delivery and digital transformation consultancy.

101 Ways supports its clients in delivering product and technology led transformation programmes. Its services range from strategic advisory and leadership through to product delivery and full-scale transformation of a company’s technology landscape. Clients include M&S, BBC and Hargreaves Lansdown.

The business provides strategic advice and leadership with a focus on building software products and applications to best serve clients’ strategies and outcomes. 101 Ways has strong capabilities and skills in cloud, DevOps, data, web and mobile applications. Their services are highly valued by clients because of their ability to build specialist, experienced, highly technical teams with strong leadership that solve complex problems whilst simultaneously implementing best practice delivery methods and upskilling clients’ own internal capabilities.

Founded by Chairman, Kelly Waters in 2013 and led by CEO, Zane Gambasin the business has achieved impressive growth by remaining focused on delivering high quality solutions and solving challenging problems for clients. GCP’s investment will support 101 Ways’ continued growth of its people, clients and services.

business team present photo professional investor

We are excited to be partnering with GCP who share our values, focus on people and culture, and ambitions for growth. Their deep understanding of the digital transformation sector and experience of supporting similar technology services businesses makes them the ideal investor for our business and we are delighted to have them on board.
Zane Gambasin, CEO, 101 Ways

We've been on an incredible journey, 101 Ways story so far is one I'm very proud of and I'm delighted to embark on the next stage of our journey with GCP. I'll be continuing as Chairman and I'm looking forward to building on the great work that's already been done and helping more clients to deliver a better digital experience for their customers.
Kelly Waters, Founder and Chairman, 101 Ways

We are thrilled to be partnering with Kelly, Zane and the 101 Ways team. The business is on an exciting growth journey, delivering great solutions and exceptional outcomes for its clients and its people. GCP has an exceptional track record of supporting technology services businesses and we are excited about bringing our experience, extensive network and hands on approach to value add in order to support the continued growth of 101 Ways.
Ravi Monteiro, Investment Director, GCP

We have an enviable track record of transactions in this sector and are delighted to have supported GCP with their investment into 101 Ways. Kelly and Zane have built a fantastic business that stands out in a crowded market through its high-quality people, unique culture and delivery of exceptional outcomes to its clients. GCP has a successful history of supporting digital transformation businesses and will provide invaluable experience to the 101 Ways team as they execute their growth plan. We wish both parties all the best in the future.
Jonathan Grant, Director, Clearwater

We are delighted to have worked with GCP and 101 Ways to secure funding which aligns with their growth plans for the future. It was a pleasure working with the team to find a suitable funding package, giving the business the firepower it needs to continue its strong momentum. We’d like to wish GCP and 101 Ways all the best.
Chris Smith, Partner, Clearwater