Magnolia announces strategic financial partner
Jan 10, 2018 | 10:18 AM
<p>Magnolia, the Swiss CMS vendor, is pleased to announce Elvaston as a new strategic financial partner.</p>
<p>Based on Magnolia’s quality product and solid financial results, this long-term partnership sets Magnolia up for further sustainable growth and gives the privately-held company more resources to build an even stronger and better product.</p>
<p>In particular, the partnership will enable Magnolia to strengthen its business operations in all functional areas, to more effectively tap into the benefits of the cloud and to build leading-edge content management functionality. Magnolia CMS is available in the cloud or on-premises and integrates both traditional and headless deployment.</p>
<p><b>About Elvaston</b></p>
<p><a href="http://www.elvaston.com" target="_blank">Elvaston</a> is an entrepreneur-led private equity firm specializing in small to medium-sized companies located within the German-speaking region. Elvaston takes a straightforward, individual approach in guiding profitable companies operating in growth industries towards long-term value growth.</p>
<p><b>About Magnolia</b></p>
<p>Magnolia CMS is a platform for building best-of-breed digital experiences. Enterprises such as Al Arabiya, Avis and Virgin America use it as a central hub for their web, mobile and DX initiatives. Magnolia is a privately-held company, founded in 1997, with headquarters in Basel, Switzerland and subsidiaries around the globe.</p>