Pincus

Warburg Pincus Announces Sale of inexio

Retrieved on: 
Saturday, September 28, 2019
Warburg family, Warburg Pincus, Pincus, Warburg, Finance

BERLIN, Sept. 28, 2019 /PRNewswire/ --Warburg Pincus, a leading global private equity firm focused on growth investing, today announced the sale of inexio ( www.inexio.net ), a leading provider of fiber-optic broadband networks in Germany, to EQT Infrastructure.

Key Points: 
  • BERLIN, Sept. 28, 2019 /PRNewswire/ --Warburg Pincus, a leading global private equity firm focused on growth investing, today announced the sale of inexio ( www.inexio.net ), a leading provider of fiber-optic broadband networks in Germany, to EQT Infrastructure.
  • Co-shareholders Deutsche Beteiligungs AG and other minority investors are selling their stakes alongside Warburg Pincus.
  • Rene Obermann, Managing Director of Warburg Pincus Deutschland GmbH, commented:
    "Warburg Pincus is proud of inexio's achievements since the beginning of our partnership with David Zimmer and his team in 2016.
  • To date, Warburg Pincus has announced investments of over $800m in 13 companies in Germany including inexio, ipan, 1&1 Internet, Blue Yonder, easycash and Domus Healthcare.

Warburg Pincus Announces Sale of inexio

Retrieved on: 
Saturday, September 28, 2019
Warburg family, Warburg Pincus, Pincus, Warburg, Finance

BERLIN, Sept. 28, 2019 /PRNewswire/ --Warburg Pincus, a leading global private equity firm focused on growth investing, today announced the sale of inexio ( www.inexio.net ), a leading provider of fiber-optic broadband networks in Germany, to EQT Infrastructure.

Key Points: 
  • BERLIN, Sept. 28, 2019 /PRNewswire/ --Warburg Pincus, a leading global private equity firm focused on growth investing, today announced the sale of inexio ( www.inexio.net ), a leading provider of fiber-optic broadband networks in Germany, to EQT Infrastructure.
  • Co-shareholders Deutsche Beteiligungs AG and other minority investors are selling their stakes alongside Warburg Pincus.
  • Rene Obermann, Managing Director of Warburg Pincus Deutschland GmbH, commented:
    "Warburg Pincus is proud of inexio's achievements since the beginning of our partnership with David Zimmer and his team in 2016.
  • To date, Warburg Pincus has announced investments of over $800m in 13 companies in Germany including inexio, ipan, 1&1 Internet, Blue Yonder, easycash and Domus Healthcare.

WebPT Announces Significant Investment from Warburg Pincus

Retrieved on: 
Tuesday, August 27, 2019
Data management, Practice Management, Physical therapy, Technology, Professional services, Health, Software, Finance, Warburg Pincus, Warburg family, Pincus, Private equity, Finance, Investment, WebPT, Inc., Warburg Pincus

The investment, coupled with Warburg Pincuss deep expertise in healthcare and technology, will help WebPT innovate upon its product suite and accelerate its mission of helping therapists achieve greatness in practice.

Key Points: 
  • The investment, coupled with Warburg Pincuss deep expertise in healthcare and technology, will help WebPT innovate upon its product suite and accelerate its mission of helping therapists achieve greatness in practice.
  • Warburg Pincus has an unrivaled history of success in healthcare and technology, and their investment speaks volumes about their belief in WebPTs vision and purpose as well as the future of the rehab therapy industry, said WebPT CEO Nancy Ham.
  • Warburg Pincus is a leading global private equity firm focused on thesis-driven growth at scale.
  • WebPT is a best-in-class rehab therapy platform and represents a significant opportunity for growth given the shift toward value-based care in the rehab therapy market, said TJ Carella, Managing Director, Warburg Pincus.

Warburg Pincus Invests in Indecomm Digital Services

Retrieved on: 
Tuesday, August 13, 2019
Finance, Economy, Money, Financial markets, Warburg Pincus, Warburg family, Pincus, Financial technology, Private equity

SCOTTSDALE, Ariz., Aug. 13, 2019 /PRNewswire/ -- Indecomm Digital Services ("Indecomm Digital"), today announced that it has attracted an investment of approximately $200 million from an affiliate of Warburg Pincus, a leading global private equity firm focused on growth investing.

Key Points: 
  • SCOTTSDALE, Ariz., Aug. 13, 2019 /PRNewswire/ -- Indecomm Digital Services ("Indecomm Digital"), today announced that it has attracted an investment of approximately $200 million from an affiliate of Warburg Pincus, a leading global private equity firm focused on growth investing.
  • Indecomm Digitalis an established leader in providing next-generation product engineering and digital experience services to leading global technology companies and software businesses.
  • Indecomm Digital has deep capabilities across verticals including high-tech, fintech, health tech, travel, digital payments, digital commerce and supply chain & logistics.
  • Indecomm Digital offers services which are critical to our client's success, and our teams are a de-facto extension of our client's R&D teams.

Frank Tait Joins Warburg Pincus as Education Technology Industry Advisor

Retrieved on: 
Monday, August 5, 2019
Warburg Pincus, Warburg family, Pincus, Private equity, Finance, Investment

NEW YORK, Aug. 5, 2019 /PRNewswire/ -- Warburg Pincus, a leading global private equity firm focused on growth investing, today announced the appointment of Frank Tait as an Industry Advisor in the Technology, Media and Telecommunications ("TMT") Group.

Key Points: 
  • NEW YORK, Aug. 5, 2019 /PRNewswire/ -- Warburg Pincus, a leading global private equity firm focused on growth investing, today announced the appointment of Frank Tait as an Industry Advisor in the Technology, Media and Telecommunications ("TMT") Group.
  • Mr. Tait will work with Warburg Pincus to identify and evaluate global investment opportunities in the education technology and services sector.
  • "Frank is an accomplished, senior leader with significant experience leading and growing education and software businesses," said Alex Berzofsky, a Managing Director at Warburg Pincus.
  • "New technologies are transforming the way education institutions operate, creating opportunities for Warburg Pincus to apply its long-term approach to building durable businesses of scale," said Frank Tait.

Frank Tait Joins Warburg Pincus as Education Technology Industry Advisor

Retrieved on: 
Monday, August 5, 2019
Warburg Pincus, Warburg family, Pincus, Private equity, Finance, Investment

NEW YORK, Aug. 5, 2019 /PRNewswire/ -- Warburg Pincus, a leading global private equity firm focused on growth investing, today announced the appointment of Frank Tait as an Industry Advisor in the Technology, Media and Telecommunications ("TMT") Group.

Key Points: 
  • NEW YORK, Aug. 5, 2019 /PRNewswire/ -- Warburg Pincus, a leading global private equity firm focused on growth investing, today announced the appointment of Frank Tait as an Industry Advisor in the Technology, Media and Telecommunications ("TMT") Group.
  • Mr. Tait will work with Warburg Pincus to identify and evaluate global investment opportunities in the education technology and services sector.
  • "Frank is an accomplished, senior leader with significant experience leading and growing education and software businesses," said Alex Berzofsky, a Managing Director at Warburg Pincus.
  • "New technologies are transforming the way education institutions operate, creating opportunities for Warburg Pincus to apply its long-term approach to building durable businesses of scale," said Frank Tait.

Consolidated Precision Products Corp. Announces Recapitalization with Berkshire Partners and Warburg Pincus

Retrieved on: 
Friday, June 14, 2019
Warburg Pincus, Warburg family, Pincus

"We are excited to continue expanding our suite of complex castings offerings and delivering best-in-class service in collaboration with Berkshire Partners and Warburg Pincus," said James Stewart, Chief Executive Officer of CPP.

Key Points: 
  • "We are excited to continue expanding our suite of complex castings offerings and delivering best-in-class service in collaboration with Berkshire Partners and Warburg Pincus," said James Stewart, Chief Executive Officer of CPP.
  • "Our new relationship with Berkshire Partners and ongoing partnership with Warburg Pincus will enable us to further build upon the success we have achieved.
  • "We are delighted to continue our long-standing partnership with CPP's management team," said Dan Zamlong, Managing Director, Warburg Pincus.
  • We are excited to partner with Berkshire Partners and the management team as CPP continues to deliver high-quality, mission-critical products for its customers."

Triton Enhances Capital Structure with Series of Recently Completed Equity Transactions

Retrieved on: 
Wednesday, March 20, 2019
Transport, Other Transport, Logistics, Supply chain management, Professional services, Finance, Finance, Money, Financial markets, Stock market, Corporate finance, Equity securities, Warburg Pincus, Warburg family, Preferred stock, Pincus, Series A round, Tritón

Last week Triton International Limited (Triton or the Company) (NYSE:TRTN) completed an initial preferred equity offering of 8.50% Series A Cumulative Redeemable Perpetual Preference Shares, raising gross proceeds of $86 million including the underwriters over-allotment option which was closed today.

Key Points: 
  • Last week Triton International Limited (Triton or the Company) (NYSE:TRTN) completed an initial preferred equity offering of 8.50% Series A Cumulative Redeemable Perpetual Preference Shares, raising gross proceeds of $86 million including the underwriters over-allotment option which was closed today.
  • Warburg Pincus initially acquired the shares in 2011, and following the closing of the secondary offering no longer owns any of Tritons common shares.
  • We believe the perpetual preferred shares provides an attractive combination of risk protection and cost and is a valuable addition to our capital structure.
  • Mr. Sondey concluded, I would also like to thank Warburg Pincus for their strong support of Triton over the last eight years.

Kestra Financial Announces Recapitalization to Include Warburg Pincus

Retrieved on: 
Monday, February 25, 2019
Professional services, Consulting, Finance, Warburg family, Warburg Pincus, Pincus

Kestra Financial, Inc. (Kestra Financial) today announced that leading global private equity firm Warburg Pincus LLC (Warburg Pincus) has agreed to acquire a majority interest in the company.

Key Points: 
  • Kestra Financial, Inc. (Kestra Financial) today announced that leading global private equity firm Warburg Pincus LLC (Warburg Pincus) has agreed to acquire a majority interest in the company.
  • We are committed to supporting Kestra Financial in their mission to build the leading wealth management platform to empower the success of their financial advisors, added Jeff Stein, Managing Director, Warburg Pincus.
  • Kestra Financial, Inc. (Kestra Financial) provides a leading independent advisor platform that empowers sophisticated, independent financial professionals, including traditional and hybrid RIAs, to prosper, grow, and provide superior client service.
  • Kestra Financial is the parent company of Kestra Investment Services, LLC, member FINRA/SIPC, and also of Kestra Advisory Services, LLC; Kestra Private Wealth Services, LLC; and Kestra Institutional Services, LLC; all federally registered investment advisers.

Qapital Appoints Beth Gilson Head of Finance

Retrieved on: 
Monday, January 14, 2019
Technology, Software, Mobile, Wireless, Professional services, Accounting, Banking, Finance, Behavioral finance, Mobile software, Personal finance, Qapital, Warburg Pincus, Pincus, Vice president, Economy, Finance, Money

Qapital , a goals-based financial app that allows you to plan for your future without compromising your present, has announced the appointment of Beth Gilson as Senior Vice President and Head of Finance.

Key Points: 
  • Qapital , a goals-based financial app that allows you to plan for your future without compromising your present, has announced the appointment of Beth Gilson as Senior Vice President and Head of Finance.
  • I am thrilled and pleased to welcome such an accomplished senior finance executive to Qapital.
  • Bringing more than 25 years of experience, Beth joins Qapital from Varo Money, a digital banking start-up backed by Warburg Pincus, where she served as VP and Head of Finance.
  • Im honored to be joining Qapital, a company I admire for what they are doing for the financial industry, said Beth Gilson, SVP and Head of Finance for Qapital.