INTA - Baron Funds - Intapp Inc.: We See An Opportunity For Margins To Inflect Further To 20% Or More

2024-05-05 03:40:00 ET

Summary

• Intapp provides cloud-based software for regulated professional services industries, serving over 2,400 customers.
• The company has experienced consistent growth and has competitive advantages, including a proprietary data model and AI capabilities.
• Intapp has a long runway for growth through new customer wins and existing customer expansion, with potential for increased profitability.

The following segment was excerpted from this fund letter.

Intapp, Inc. ( INTA )

We also initiated a position in Intapp, Inc. Founded in 2000, Intapp provides cloud-based software for regulated professional services industries such as legal, accounting, consulting, private capital markets, and investment banking. Intapp's software helps manage and automate many of the administrative workflows unique to these industries, such as clearing conflicts for new engagements, onboarding new clients, recording billable hours, and establishing regulatory walls between divisions....

For further details see: