Symphony Technology Group

CloudBees Appoints Bryan Palma, CEO of Trellix, to Board of Directors

Retrieved on: 
Mittwoch, April 24, 2024
Software, Technology, Professional Services, Business, Sale, CloudBees, EDS, PepsiCo, Symphony Technology Group, Cisco, Heart, ThoughtSpot, Secret Service, Sumo Logic, Organization, Management

CloudBees, Inc. , your strategic partner in cloud transformation journey, today announced that Bryan Palma , CEO at Trellix, has been appointed to its board of directors.

Key Points: 
  • CloudBees, Inc. , your strategic partner in cloud transformation journey, today announced that Bryan Palma , CEO at Trellix, has been appointed to its board of directors.
  • Bryan joins existing independent board members Lynne Doherty, president at Sumo Logic, and Sumeet Arora, chief development officer at ThoughtSpot.
  • Before becoming CEO of Trellix in October 2021, Bryan led FireEye's sale to Symphony Technology Group, and subsequently drove the integration of McAfee Enterprise and FireEye, forming Trellix.
  • "I am thrilled to welcome Bryan to the CloudBees board of directors,” said Anuj Kapur, CEO, CloudBees.

VAKT, the leading post trade platform for energy announces their new CEO, Tasja Botha

Retrieved on: 
Freitag, Februar 2, 2024
GTM, CTRM, Fintech, Friction, Capital market, FIS, Symphony Technology Group, Sale, Treasury, SunGard

LONDON, Feb. 2, 2024 /PRNewswire/ -- VAKT Holdings Ltd ("VAKT"), a leader in the provision of energy post trade technology services, is pleased to announce the appointment of Tasja Botha as its new CEO.

Key Points: 
  • LONDON, Feb. 2, 2024 /PRNewswire/ -- VAKT Holdings Ltd ("VAKT"), a leader in the provision of energy post trade technology services, is pleased to announce the appointment of Tasja Botha as its new CEO.
  • Most recently Tasja served as CEO of Quor Group, a leader in commodities trading and risk management technology (CTRM).
  • As CEO, Tasja will oversee VAKT's operations and spearhead its mission to digitalize inefficient and costly post trade processes.
  • VAKT is a post trade processing platform for energy transactions.

VAKT, the leading post trade platform for energy announces their new CEO, Tasja Botha

Retrieved on: 
Freitag, Februar 2, 2024
GTM, CTRM, Fintech, Friction, Capital market, FIS, Symphony Technology Group, Sale, Treasury, SunGard

LONDON, Feb. 2, 2024 /PRNewswire/ -- VAKT Holdings Ltd ("VAKT"), a leader in the provision of energy post trade technology services, is pleased to announce the appointment of Tasja Botha as its new CEO.

Key Points: 
  • LONDON, Feb. 2, 2024 /PRNewswire/ -- VAKT Holdings Ltd ("VAKT"), a leader in the provision of energy post trade technology services, is pleased to announce the appointment of Tasja Botha as its new CEO.
  • Most recently Tasja served as CEO of Quor Group, a leader in commodities trading and risk management technology (CTRM).
  • As CEO, Tasja will oversee VAKT's operations and spearhead its mission to digitalize inefficient and costly post trade processes.
  • VAKT is a post trade processing platform for energy transactions.

Allen Fozzard Joins Stone-Goff Partners as Head of Business Development

Retrieved on: 
Mittwoch, Oktober 18, 2023
Finance, Consulting, Business, Banking, Professional Services, JPMorgan Chase, Partner, Business development, Symphony Technology Group, Texas Christian University, Business administration, Management

Stone-Goff Partners, a growth-oriented private equity firm focused on technology-driven B2B service companies, today announced the hiring of Allen Fozzard as Vice President, Head of Business Development.

Key Points: 
  • Stone-Goff Partners, a growth-oriented private equity firm focused on technology-driven B2B service companies, today announced the hiring of Allen Fozzard as Vice President, Head of Business Development.
  • Mr. Fozzard will be responsible for leading SGP’s origination efforts focused on investment opportunities in coordination with Stone-Goff’s senior deal-team professionals.
  • “Allen’s ability to foster strong relationships with new and existing sources of deal flow and his deep understanding of our core industry sectors are fully aligned with our investment strategy,” said Laurens Goff, co-founder and managing partner at Stone-Goff Partners.
  • “There are significant investment opportunities in the lower middle market, specifically in tech-driven B2B services, and Stone-Goff is well positioned to take advantage of this market moving forward.”
    Mr. Fozzard holds a Bachelor of Business Administration in Finance from Texas Christian University.

Sunil Wadhwani and Dr. Romesh Wadhwani Recognized Among Inaugural TIME 100 AI Leaders

Retrieved on: 
Dienstag, September 12, 2023
IGATE, Partnership, Symphony Technology Group, Education, Wadhwani Institute for Artificial Intelligence, Health, Make-A-Wish Foundation, Intelligence, WISH, Government, Mastech Digital, Developed country, Global North and Global South, Artificial intelligence, Time (magazine), GxP, Ecosystem, Wadhwani, TIME, Software, Medical device, Health care, AI

PITTSBURGH, Sept. 12, 2023 /PRNewswire/ -- Mastech Digital announced that its Co-founder, Sunil Wadhwani, and his brother, Dr. Romesh Wadhwani, have been honored by TIME Magazine as two of the inaugural TIME 100 AI Leaders. This prestigious recognition underscores the Wadhwani brothers' unwavering commitment to leveraging AI for the betterment of society. 

Key Points: 
  • PITTSBURGH, Sept. 12, 2023 /PRNewswire/ -- Mastech Digital announced that its Co-founder, Sunil Wadhwani , and his brother, Dr. Romesh Wadhwani, have been honored by TIME Magazine as two of the inaugural TIME 100 AI Leaders.
  • This prestigious recognition underscores the Wadhwani brothers' unwavering commitment to leveraging AI for the betterment of society.
  • The TIME100 AI list features leaders, policymakers, artists, and entrepreneurs across various fields and from countries around the world.
  • "Being named to TIME's inaugural list of AI Leaders is a profound honor, and we are humbled to stand alongside some of the brightest minds in the AI ecosystem," said Sunil Wadhwani.

CLEARLAKE AND STG COMPLETE SALE OF ARCHER TO CINVEN

Retrieved on: 
Montag, Juli 10, 2023
Software as a service, Partnership, Dell, Health, Risk management, STG, Partner (business rank), Sale, RSA, Goldman Sachs, Morgan Stanley, Acquisition, Risk, IRM, Symphony Technology Group, Growth, ESG, Entrepreneurship, Dell Technologies, Cryptocurrency, Video game, Cinven, Archery

SANTA MONICA, Calif. and MENLO PARK, Calif. and OVERLAND PARK, Kan., July 10, 2023 /PRNewswire/ -- Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake") and Symphony Technology Group ("STG") announced that they have completed the sale of Archer Technologies ("Archer" or the "Company") to international private equity firm Cinven. Terms of the transaction were not disclosed.

Key Points: 
  • Archer is a provider of integrated risk management ("IRM") cloud software solutions with products that include compliance, governance, security, audit and ESG.
  • STG initially acquired Archer in 2020 as a part of its acquisition of RSA Security LLC from Dell Technologies and subsequently partnered with Clearlake in 2021 to establish Archer as an independent business.
  • We thank STG for their continued partnership over the past several years, and we wish the Archer and Cinven teams every success for the future."
  • Sidley Austin LLP provided legal counsel to Archer, Clearlake, and STG.

Wrike Announces Ownership and Leadership Transition

Retrieved on: 
Freitag, Juli 7, 2023
Data Analytics, Data Management, Professional Services, Technology, Software, Vista Equity Partners, LLP, Interim, Kirkland & Ellis, Mukherjee, Finance, STG, Organization, Lazard, Administration, Symphony Technology Group, CFO, Artificial intelligence, Growth, Zebra Technologies, Management, Wrike

Wrike , a leader in collaborative work management, today announced the completion of its recapitalization and ownership transition to Symphony Technology Group (STG) , a private equity firm specializing in software, data, and analytics.

Key Points: 
  • Wrike , a leader in collaborative work management, today announced the completion of its recapitalization and ownership transition to Symphony Technology Group (STG) , a private equity firm specializing in software, data, and analytics.
  • Simultaneous with the transaction, Wrike Founder and Chief Executive Officer, Andrew Filev, will transition into the role of Board Advisor.
  • “Thomas has the deep respect of Wrike’s senior leadership team and has already played a critical role in building the operational infrastructure for growth at Wrike, setting the stage for a seamless transition of leadership.
  • “Wrike and STG share a vision for how to advance our market leadership in work management software, a category that is primed for growth.”
    Over the last decade, Wrike has helped shape the collaborative work management category.

Momentive Names Eric Johnson CEO and Announces Plans to Return to Iconic SurveyMonkey Brand

Retrieved on: 
Dienstag, Juni 13, 2023
Data Analytics, Professional Services, Technology, Artificial Intelligence, Software, IPO, Marketing, EVP, JPMorgan Chase, STG, Acquisition, Momentive (software company), Paramount Streaming, Symphony Technology Group, Management

Momentive, the maker of SurveyMonkey, today announced that it will return to its iconic SurveyMonkey brand name under the direction of new CEO Eric Johnson.

Key Points: 
  • Momentive, the maker of SurveyMonkey, today announced that it will return to its iconic SurveyMonkey brand name under the direction of new CEO Eric Johnson.
  • He joined the company in 2022 as interim Chief Marketing Officer to guide marketing strategy, brand development, and overall growth.
  • Johnson has an extensive background building digital businesses as CEO at LaneOne, a digital ticketing platform, and EVP & General Manager at CBS Interactive.
  • As we execute against our core priorities, we are enthusiastic to partner with new leadership and welcome Eric as CEO,” said J.T.

Craig Muir Joins Solomon Partners as Head of Software, Data and Analytics

Retrieved on: 
Donnerstag, Juni 1, 2023
Data, Symphony Technology Group, Natixis, Growth, Quayle Munro, Solomon Partners, Data Analytics Library, Houlihan Lokey, Partnership, Head, Software, Management

NEW YORK, June 01, 2023 (GLOBE NEWSWIRE) -- Solomon Partners , a leading financial advisory firm, announced today that Craig Muir has joined as Head of Software, Data and Analytics.

Key Points: 
  • NEW YORK, June 01, 2023 (GLOBE NEWSWIRE) -- Solomon Partners , a leading financial advisory firm, announced today that Craig Muir has joined as Head of Software, Data and Analytics.
  • Mr. Muir joins the firm from Houlihan Lokey where he was a Managing Director in the Technology Group and a member of the Data & Analytics team.
  • At Solomon Partners, he will focus on expanding the firm’s reach into software, data and analytics as well as assisting in building a world class tech platform.
  • “Software, data and analytics is an essential segment of the trifecta of capabilities, including application software and tech-enabled services.

Consortium led by Symphony Technology Group Completes Acquisition of Momentive Global

Retrieved on: 
Mittwoch, Mai 31, 2023
Professional Services, Data Management, Data Analytics, Technology, Software, Artificial Intelligence, Internet, Symphony Technology Group, Qatalyst Partners, P.C, Bank of America, Wilson Sonsini Goodrich & Rosati, BofA Securities, STG, Acquisition, Momentive (software company), Special, Cryptocurrency, Security (finance), Momentive

Momentive , the maker of SurveyMonkey, today announced the completion of its acquisition by an investor consortium led by Symphony Technology Group (STG) in an all-cash transaction valued at approximately $1.5 billion.

Key Points: 
  • Momentive , the maker of SurveyMonkey, today announced the completion of its acquisition by an investor consortium led by Symphony Technology Group (STG) in an all-cash transaction valued at approximately $1.5 billion.
  • The acquisition was previously announced on March 13, 2023, and approved by Momentive shareholders at the Special Meeting of Shareholders on May 31, 2023.
  • Under the terms of the merger agreement, Momentive shareholders will receive $9.46 per share.
  • Silver Point acted as Sole Lead Arranger and provided committed debt financing in support of the acquisition.