Permira

BioCatch, the Leading Online Fraud Detection Platform, welcomes Permira Growth Opportunities as a significant shareholder

Retrieved on: 
Wednesday, May 3, 2023
PGO, Growth, TEL, Senior advisor, Intelligence, Fraud, Maverick Capital, Behavior, Bain Capital, Cryptocurrency, Permira

NEW YORK and TEL AVIV, Israel, May 3, 2023 /PRNewswire/ -- BioCatch, the pioneer of behavioral biometrics intelligence and a global leader in digital fraud detection, today announced that Permira Growth Opportunities has acquired a significant minority stake in the company from existing investors, making it the third largest shareholder in the company, following Bain Capital and Maverick Capital. With the support of its shareholders, BioCatch will focus on accelerating opportunities for geographical expansion, product innovation, and potential M&A.

Key Points: 
  • With the support of its shareholders, BioCatch will focus on accelerating opportunities for geographical expansion, product innovation, and potential M&A.
  • "Through our focus on the online fraud detection, customer identity and access management markets, we have long admired BioCatch and have been impressed by the company's performance and offering.
  • We found all of that in BioCatch and believe it is the clear leader in the most critical layer in online fraud detection – behavioral biometrics.
  • We look forward to supporting BioCatch in its next phase of growth," added Ran Maidan, Senior Adviser and Head of Permira in Israel.

Acuity Knowledge Partners Tops 5,500 Staff as Demand for Bespoke Research and Analytics Continues

Retrieved on: 
Thursday, March 16, 2023
Professional Services, Technology, Other Technology, Human Resources, Finance, Consulting, Knowledge, Research, Acquisition, United Kingdom, Workforce, United Arab Emirates, Real, Growth, ESG, Culture, Permira, Marketing, Financial services, Acuity

Acuity’s growth has been further boosted by its September 2022 acquisition of Cians Analytics , a provider of high-quality research and analytical support to financial institutions.

Key Points: 
  • Acuity’s growth has been further boosted by its September 2022 acquisition of Cians Analytics , a provider of high-quality research and analytical support to financial institutions.
  • The acquisition enables Acuity to offer enhanced support in knowledge process outsourcing and streamline the operations of financial firms around the world.
  • Acuity’s growth story will be supported by Permira , a leading global private equity firm, which took a majority stake in Acuity in January 2023.
  • We enter 2023 very confident of further growth and deepening our relationships with our global client base,” said Robert King, Chief Executive Officer, Acuity Knowledge Partners.

Wix Announces Changes to Board of Directors to Support New Phase of Value Creation

Retrieved on: 
Wednesday, March 8, 2023
History, Software, BT Sport, Telecommunications, Compensated emancipation, Roy, Tłuszcz, Acquisition, McKinsey & Company, WiX, Growth, Audit committee, Professional Football Compensation Committee, BT Group, Angelo de Mojana di Cologna, BT, Investment, Knowledge management, Knowledge, Telefónica, EE, Management, Salesforce, Permira, Wix

NEW YORK, March 8, 2023 /PRNewswire/ -- Wix (Nasdaq: WIX), today announced changes to its Board of Directors. The announced changes are part of Wix's track record of regularly refreshing and enhancing its board to closely align with the changing operating environment as well as its current strategic objectives, balancing stability and expertise with change and adaptability. Additionally, these changes support Wix's continued transition to a new phase of value creation focused on product-led growth with sustained profitability and a commitment to achieving "Rule of 40" in 2025.

Key Points: 
  • Additionally, these changes support Wix's continued transition to a new phase of value creation focused on product-led growth with sustained profitability and a commitment to achieving "Rule of 40" in 2025.
  • In these efforts, Wix announced the appointment of Gavin Patterson and Francesco de Mojana to Wix's Board of Directors.
  • Wix also announced the resignation of Yuval Cohen and Roy Saar from the Board after many years of dedicated service.
  • These new board members were carefully and strategically chosen to guide and support the Wix management team with key incremental skill sets.

Permira to Acquire Acuity Knowledge Partners From Equistone

Retrieved on: 
Friday, January 27, 2023
Technology, Finance, Fintech, Consulting, Banking, Other Technology, Professional Services, Data Analytics, Data Management, Other Professional Services, Knowledge, Investment, Rothschild & Co, Permira, Latham & Watkins, Jamieson, Consultant, Travers Smith, Rothschild, Acquisition, Research, Intelligence, Partnership, Growth, Financial services, Acuity

Acuity Knowledge Partners (“Acuity”), a leading provider of high-value research, analytics and business intelligence to the financial services sector, today announces that funds advised by Permira, the global private equity firm, have acquired a majority stake in the business from Equistone Partners Europe (“Equistone”), one of Europe’s leading mid-market private equity investors.

Key Points: 
  • Acuity Knowledge Partners (“Acuity”), a leading provider of high-value research, analytics and business intelligence to the financial services sector, today announces that funds advised by Permira, the global private equity firm, have acquired a majority stake in the business from Equistone Partners Europe (“Equistone”), one of Europe’s leading mid-market private equity investors.
  • Acuity Knowledge Partners serves a global client base of over 500 financial services firms, including banks, asset managers, advisory firms, private equity houses and consultants.
  • Headquartered in London, Acuity operates globally, including in the UK, USA, India, Sri Lanka, Costa Rica, China and Dubai, UAE.
  • Robert King, CEO of Acuity Knowledge Partners, said: “Despite the current challenges for the financial services sector, we have experienced continued growth and a strong demand for our solutions and services.

HEC Paris-DowJones 2022 Large Buyout Performance Rankings show a stronger presence of European firms in the global top 20

Retrieved on: 
Wednesday, February 8, 2023
Investment, Blue Book Top 20 Network Rankings, General partnership, Permira, Veritas Capital, HEC Paris, Partnership, Observation, GP, Waterland, TA Associates, Francisco Partners, Preqin, Clayton, Dubilier & Rice, Vitruvian Partners, Paris, Satellite navigation device, Françoise Astorg Bollack, EU, European

HEC Paris Business School and DowJones have released the results of this year’s Large Buyout Performance Rankings, which show the top 20 private equity firms based on all buyout funds raised between 2009 and 2018.

Key Points: 
  • HEC Paris Business School and DowJones have released the results of this year’s Large Buyout Performance Rankings, which show the top 20 private equity firms based on all buyout funds raised between 2009 and 2018.
  • The top three companies in the Top 20 global firms are TA Associates, followed by Veritas Capital and Francisco Partners.
  • Other firms making the Global Top 20 include Vitruvian Partners and Permira, both based in London, and Astorg, based in France.
  • The study gathered performance data, as of December 2022, from Preqin or from data directly provided to HEC Paris for the purpose of the rankings.

 Motus Appoints Phong Nguyen Chief Executive Officer

Retrieved on: 
Thursday, January 12, 2023
Telecommunications, Software, Automotive, Data Management, Consumer Electronics, Technology, General Automotive, Other Technology, IPO, Partnership, IRS, Thoma Bravo, Organization, T&E, SAP, SAP Concur, Managed Mobility Services, Growth, Hotel manager, Gilt Groupe, Permira, National Grid, Management, Motus

Motus , the definitive leader in reimbursement solutions for the mobile workforce, announced today the appointment of Phong Nguyen as Chief Executive Officer.

Key Points: 
  • Motus , the definitive leader in reimbursement solutions for the mobile workforce, announced today the appointment of Phong Nguyen as Chief Executive Officer.
  • In this role, Nguyen will guide the organization through its next stage of growth, continued market adoption and expansion of the Motus platform.
  • Ryon Packer joined the company in March 2022 as its Chief Product Officer to drive product strategy and accelerate innovation.
  • In October, Motus named Ryan Newsome its new Chief Technology Officer, tapped Christian Miller to serve as Chief Revenue Officer, and elevated Amanda Pettengill to Chief Customer Officer.

PSP Investments Announces Two Senior Executive Appointments

Retrieved on: 
Monday, January 9, 2023
Trust, Private equity, Executive Committee, HSBC Bank (Europe), HSBC Bank, Morgan Stanley, Alternative Credit Investments, University of Exeter, PSP, Strategic partnership, Public Sector Pension Investment Board, Public, Chartered accountant, Investment, Permira, Bankers Trust, Goldman Sachs, Capital, Simon, Senior, Consumer, Principal, Management, Security (finance), Financial services

Appointment of Oliver Duff as Senior Vice President, Global Head of Credit Investments

Key Points: 
  • Appointment of Oliver Duff as Senior Vice President, Global Head of Credit Investments
    As Senior Vice President, Global Head of Credit Investments, Oliver Duff joins PSP Investments' Executive Committee.
  • Previously Senior Managing Director and Global Head of Credit Investments, Oliver joined PSP Investments in September 2016 as Managing Director, Private Debt, to develop and lead the organization's credit investments presence in Europe.
  • PSP Investments' Credit Investments group focuses on non-investment grade credit investments in North America and Europe across private and public markets, as well as rescue financing opportunities.
  • Appointment of Simon Marc as Senior Vice President, Global Head of Private Equity and Strategic Partnerships
    As Senior Vice President, Global Head of Private Equity and Strategic Partnerships, Simon Marc joins PSP Investments' Executive Committee.

PSP Investments Announces Two Senior Executive Appointments

Retrieved on: 
Monday, January 9, 2023
Trust, Private equity, Executive Committee, HSBC Bank (Europe), HSBC Bank, Morgan Stanley, Alternative Credit Investments, University of Exeter, PSP, Strategic partnership, Public Sector Pension Investment Board, Public, Chartered accountant, Investment, Permira, Bankers Trust, Goldman Sachs, Capital, Simon, Senior, Consumer, Principal, Management, Security (finance), Financial services

Appointment of Oliver Duff as Senior Vice President, Global Head of Credit Investments

Key Points: 
  • Appointment of Oliver Duff as Senior Vice President, Global Head of Credit Investments
    As Senior Vice President, Global Head of Credit Investments, Oliver Duff joins PSP Investments' Executive Committee.
  • Previously Senior Managing Director and Global Head of Credit Investments, Oliver joined PSP Investments in September 2016 as Managing Director, Private Debt, to develop and lead the organization's credit investments presence in Europe.
  • PSP Investments' Credit Investments group focuses on non-investment grade credit investments in North America and Europe across private and public markets, as well as rescue financing opportunities.
  • Appointment of Simon Marc as Senior Vice President, Global Head of Private Equity and Strategic Partnerships
    As Senior Vice President, Global Head of Private Equity and Strategic Partnerships, Simon Marc joins PSP Investments' Executive Committee.

Morrison Foerster Expands Asia Private Equity Capabilities with Addition of Steven Tran in Singapore

Retrieved on: 
Tuesday, January 3, 2023
Civil and political rights, Private equity, Financial technology, The American Lawyer, B.A, Woman, FCPA, Environment, Mergers and acquisitions, Fortune 500, University, Science and technology in Asia, Knowledge, Platinum, Lawyer, Chambers, Insurance, Veteran, Morrison & Foerster, Private law, Platinum Equity, Culture, The Legal 500, LL.B, Sale, Acquisition, Magic Circle (law firms), Financial services, Permira

SINGAPORE, Jan. 3, 2023 /PRNewswire-PRWeb/ -- Morrison Foerster, a leading global law firm, today announced that Steven Tran has joined the firm as a partner in its Private Equity and Mergers & Acquisitions Groups in Singapore. His arrival further strengthens and deepens the firm's Asia and global private equity offerings. Morrison Foerster is ranked in Band 1 for Private Equity in the latest edition of Chambers Asia-Pacific. Tran's addition also highlights the continued expansion of Morrison Foerster's global private equity capabilities in recent years. The firm has added 20 private equity partners globally since 2019 through lateral additions and promotions.

Key Points: 
  • SINGAPORE, Jan. 3, 2023 /PRNewswire-PRWeb/ -- Morrison Foerster, a leading global law firm, today announced that Steven Tran has joined the firm as a partner in its Private Equity and Mergers & Acquisitions Groups in Singapore.
  • Morrison Foerster is ranked in Band 1 for Private Equity in the latest edition of Chambers Asia-Pacific.
  • Tran's addition also highlights the continued expansion of Morrison Foerster's global private equity capabilities in recent years.
  • He is a fantastic addition to our private equity team in Singapore at a time when we continue to see strong demand from clients for private equity advice with a Southeast Asia nexus," said Marcia Ellis, global chair of Morrison Foerster's Private Equity Group.

Synopsys Appoints Shelagh Glaser Chief Financial Officer

Retrieved on: 
Tuesday, November 29, 2022
Software, Growth, CFO, IP, Electronics, Silicon, Economics, Hellman & Friedman, University, Permira, Pubmatic, Carnegie Mellon University, MBA, SOC, Retirement, Trac, Client, Accounting, EDA, CRM, Intel, SNPS, Forecasting, Acquisition, Management, Synopsys, Zendesk

MOUNTAIN VIEW, Calif., Nov. 29, 2022 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS ) today announced that it has appointed Shelagh Glaser as chief financial officer, effective December 2, 2022.

Key Points: 
  • MOUNTAIN VIEW, Calif., Nov. 29, 2022 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS ) today announced that it has appointed Shelagh Glaser as chief financial officer, effective December 2, 2022.
  • "We are thrilled to add Shelagh to the Synopsys executive team," said Aart de Geus, chairman and chief executive officer of Synopsys.
  • Glaser joins Synopsys from Zendesk, a software-as-a-service CRM company, where she served as chief financial officer for the last two years.
  • She served as CFO and chief operating officer for the Data Platform Group and the Client Computing Group.