Permira

Private Investors Remain Bullish on Private Equity as Recessionary Forces Loom, Finds Moonfare Investor Survey

Retrieved on: 
Monday, November 28, 2022
Internet, Finance, Asset Management, Consulting, Professional Services, Technology, Fintech, Digital Cash Management, Digital Assets, Growth, KKR, Lexington Partners, Permira, Risk, Partnership, Investment, EQT, Financial services, Security (finance)

A survey by Moonfare, the leading global digital private equity platform, shows investors are doubling down on private equity despite global macroeconomic headwinds.

Key Points: 
  • A survey by Moonfare, the leading global digital private equity platform, shows investors are doubling down on private equity despite global macroeconomic headwinds.
  • In September 2022, Moonfare conducted an online survey to better understand the sentiment of the company's investor community.
  • However, these economic concerns have not significantly dented investors' faith in private equity as an investment class.
  • A full 83 percent of respondents said they are considering making new allocations to private equity in the next 12 months.

Consortium Led by Hellman & Friedman and Permira Completes Acquisition of Zendesk

Retrieved on: 
Tuesday, November 22, 2022
Internet, VoIP, Technology, Telecommunications, Software, Investment, Wachtell, Lipton, Rosen & Katz, Seismology, Consumer, Simpson Thacher & Bartlett, Hellman & Friedman, Orientation, Permira, Digital, Health, Partnership, Qatalyst Partners, Health care, McAfee, Clearwater Analytics, Acquisition, Fried, Frank, Harris, Shriver & Jacobson, TeamViewer, Healthcare Environmental Services, Goldman Sachs, Kirkland & Ellis, Software as a service, Science and technology in Asia, Shareholder, Vernier Software & Technology, LLP, Philosophy, Morgan Stanley, Security (finance), Financial adviser, Financial services, G2, Genesys, Zendesk

Zendesk, Inc. today announced the completion of its acquisition by an investor group led by Hellman & Friedman and Permira in an all-cash transaction that values the company at approximately $10.2 billion.

Key Points: 
  • Zendesk, Inc. today announced the completion of its acquisition by an investor group led by Hellman & Friedman and Permira in an all-cash transaction that values the company at approximately $10.2 billion.
  • The acquisition was previously announced on June 24, 2022 and approved by Zendesk stockholders at the Special Meeting of Stockholders held on September 19, 2022.
  • In connection with the completion of the transaction, Zendesk common stock ceased trading and will be delisted from the New York Stock Exchange.
  • Qatalyst Partners and Goldman Sachs & Co. LLC served as financial advisors to Zendesk in connection with the transaction.

FullStory Named to Deloitte Fast 500™ for Fourth Consecutive Year

Retrieved on: 
Wednesday, November 16, 2022
List, L'Occitane en Provence, Salesforce, Groupon, UX, DXI, View, Deloitte Technology Fast 500, EMEA, Multimedia, Science and technology in Asia, Stripe, CEO, GV (company), APAC, Engineering, Telecommunication, Mobile phone, Cryptocurrency, Permira, Automattic

This marks the fourth year in a row that FullStory has made the prestigious list.

Key Points: 
  • This marks the fourth year in a row that FullStory has made the prestigious list.
  • The Deloitte Technology Fast 500 honors the companies that have prospered by anticipating what's next and understanding what's needed to succeed.
  • FullStory has grown more than 400% from 2018 to 2021, including posting record international growth across EMEA and APAC.
  • FullStory most recently launched the FullStory Community to helpDXI enthusiasts around the globe to create the next generation of digital experiences together.

Reorg and FinDox to Combine to Offer Best-In-Class Solutions for the Credit Markets

Retrieved on: 
Wednesday, November 9, 2022
Seismology, Technology, News, Growth, Compliance, Relativity, ESG, Health care, Zendesk, LegalZoom, Healthcare Environmental Services, Data management, ESMA, Investment, Consumer, Weil, Gotshal & Manges, Leadership, Permira, Solution, Axiom, CEO, Financial services, Klarna

"As part of our global growth strategy across a variety of credit verticals, Reorg continues to invest in solutions to better serve our customer base.

Key Points: 
  • "As part of our global growth strategy across a variety of credit verticals, Reorg continues to invest in solutions to better serve our customer base.
  • FinDox was founded in 2016 by Tejs Broberg, whose goal was to revolutionize investment management data.
  • "We're excited about joining Reorg, accelerating the pace of development and offering FinDox capabilities to a much wider global customer base," said Broberg, founder and CEO of FinDox.
  • Daniel Brenhouse and Andrew Young, partners at Permira, commented: "Similar to Reorg, FinDox's user-friendly solutions make data more accessible and easy to use for credit market participants.

Cover Genius Raises $70M in Series D Funding to Further Expand Embedded Business Model

Retrieved on: 
Tuesday, November 1, 2022
API, Visa, CEO, GWP, SeatGeek, Partnership, NPS, Booking Holdings, GLOBE, PayPal, Skyscanner, Industry, Kayak, Travel, Zettle, Ryanair, SE, Copper, NEW, Investment, NASDAQ, Firebolt, Samsung Galaxy Xcover 4, EBay, Wayfair, Booking.com, Genius, Permira, Language, Environment, Amazon, Solution, Insurance, Auction, Birth control, Hopper, Intuit, Mimecast, Priceline, Flipkart, Turkish Airlines

NEW YORK, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Cover Genius, the global insurtech for embedded insurance, today announced it has raised $70M USD in Series D funding in a round led by Dawn Capital, with participation from new investor, New York-based Atlas Merchant Capital, and existing investors including GSquared and King River Capital. The raise will assist in the insurtech’s rapid business growth and expansion of its award-winning global insurance distribution platform, XCover. 

Key Points: 
  • The raise will assist in the insurtechs rapid business growth and expansion of its award-winning global insurance distribution platform, XCover .
  • The oversubscribed round represents a significant valuation uplift from Cover Genius Series C in 2021.
  • Weve always been strategic about our approach to fundraising, and closing our highest-ever funding round in a challenging environment for raising capital reinforces the strength of our embedded business model, said Angus McDonald, CEO and co-founder of Cover Genius.
  • XCover , Cover Genius award-winning global distribution platform, is also available at Amazon , eBay , Wayfair, Flipkart , and SE Asias largest company, Shopee .

BPL Supports the Immune Deficiency Foundation Research Grant Program for Second Year in a Row

Retrieved on: 
Wednesday, November 2, 2022
Immunodeficiency, Primary immunodeficiency, Coagulopathy, Plasma, Infection, Health, Bio Products Laboratory, Partnership, Global Medical Device Nomenclature, IDF, Salgo v. Leland Stanford Jr. University Board of Trustees, Research, Patient, Board, Industry, BPL, Physician, Program, Confidentiality, Public policy, Person, Immune system, PI, Doctor of Pharmacy, Safety, Wolford, Technology, Education, Critical care, Akwa Ibom State Association of Nigeria, USA Inc., Permira, Quality of life, Empowerment, Diagnosis, Medical device, Pharmaceutical industry

DURHAM, N.C., Nov. 2, 2022 /PRNewswire/ -- Bio Products Laboratory (BPL), a leading manufacturer of plasma-derived protein therapies with US Offices in Durham, NC, announced today its support of the Immune Deficiency Foundation (IDF) Research Grant Program for the second year in a row.

Key Points: 
  • DURHAM, N.C., Nov. 2, 2022 /PRNewswire/ -- Bio Products Laboratory (BPL), a leading manufacturer of plasma-derived protein therapies with US Offices in Durham, NC, announced today its support of the Immune Deficiency Foundation (IDF) Research Grant Program for the second year in a row.
  • The research funded through this program will advance IDF's mission to improve the diagnosis, treatment, and quality of life of persons with primary immunodeficiencies."
  • For more information about the IDF Research Grant Program, contact Christopher Scalchunes at [email protected] .
  • The Immune Deficiency Foundation improves the diagnosis, treatment, and quality of life of people affected by primary immunodeficiency through fostering a community empowered by advocacy, education, and research.

Zendesk Announces Date of Third Quarter 2022 Financial Results

Retrieved on: 
Thursday, October 20, 2022
Marketing, Data Management, Communications, Technology, Software, Internet, ZEN, U.S. Securities and Exchange Commission, NYSE, Security (finance), Hellman & Friedman, Permira, Zendesk

Zendesk, Inc. (NYSE: ZEN) today announced that it will release financial results for the third fiscal quarter ending September 30, 2022 following the close of the U.S. markets on Thursday, October 27, 2022.

Key Points: 
  • Zendesk, Inc. (NYSE: ZEN) today announced that it will release financial results for the third fiscal quarter ending September 30, 2022 following the close of the U.S. markets on Thursday, October 27, 2022.
  • As a result of the previously announced definitive merger agreement under which an investor group led by Hellman & Friedman and Permira will acquire all outstanding shares of Zendesk common stock in an all-cash transaction, Zendesk will not conduct an earnings conference call.
  • Any further material information relevant to the transaction will be provided in subsequent press releases or public filings with the Securities and Exchange Commission.
  • Zendesk started the customer experience revolution in 2007 by enabling any business around the world to take their customer service online.

SportsMax deploys Synamedia Vivid PowerVu Workflow-as-a-Service in record time for live sports programming in the cloud

Retrieved on: 
Tuesday, October 11, 2022
Newton, TCO, Efficiency, CDN, DVR, EVP, General manager, Software as a service, COO, Sky, NBA, ATSC 3.0, Software, Sport, Fluid, High-Definition Audio-Video Network Alliance, CEO, Ashes, Permira, Maintenance, Satellite navigation, Lists of video games, Solution, UEFA, Television, Synamedia, PowerVu

LONDON, Oct. 11, 2022 /PRNewswire/ -- Synamedia, the world's largest independent video software provider, today announced that SportsMax, the most widely distributed and watched sports channel in the Caribbean, has deployed Synamedia's Vivid PowerVu Workflow-as-a-Service (WaaS) offering, moving its distribution from on-premise to the cloud.  The migration enables SportsMax to deliver best-in-class viewing experiences with premium picture quality, near-broadcast latency, superior distribution security, and greater flexibility.

Key Points: 
  • The migration enables SportsMax to deliver best-in-class viewing experiences with premium picture quality, near-broadcast latency, superior distribution security, and greater flexibility.
  • "If you want to transition seamlessly to an IP-distribution model, securely and reliably, Synamedia is your answer.
  • In a matter of days, Synamedia launched its Vivid distribution service in the cloud, replacing a legacy on-premise system with demonstrable ability to scale.
  • By leveraging Synamedia's Vivid PowerVu cloud-based distribution solution, SportsMax accelerated time to market, gained much greater infrastructure flexibility, and can now scale distribution instantly.

Chipotle, DailyPay, MailChimp, Mouser, project44 and VMWare Win FullStory Customer Awards for DXI Excellence at Spark 2022

Retrieved on: 
Wednesday, October 5, 2022
Omni, Maker, DXI, Growth, Conference, Salesforce, GV, Organization, Stripe, Intelligence, Mobile, Chipotle, Multimedia, Ernst & Young Entrepreneur of the Year Award, Knowledge, VMware, CEO, CNN Center, App Store (iOS/iPadOS), DailyPay, View, Online shopping, Video game, Spark, Permira

ATLANTA, Oct. 5, 2022 /PRNewswire/ -- Spark, The DXI Conference - FullStory, the leader in digital experience intelligence (DXI), today announced the winners of its 2022 Customer Awards at Spark 2022 at the Omni CNN Center in Atlanta. Six winners from leading B2B and consumer brands were recognized by FullStory for their innovative use of DXI to successfully drive digital growth and transformation.

Key Points: 
  • FullStory recognizes the strategy, expertise, and effort that goes into building delightful and useable website, app, or software platforms using DXI insights
    ATLANTA, Oct. 5, 2022 /PRNewswire/ -- Spark, The DXI Conference - FullStory , the leader in digital experience intelligence (DXI), today announced the winners of its 2022 Customer Awards at Spark 2022 at the Omni CNN Center in Atlanta.
  • Six winners from leading B2B and consumer brands were recognized by FullStory for their innovative use of DXI to successfully drive digital growth and transformation.
  • "Their results prove that DXI's benefits reach far beyond product and analytics teams to elevate entire organizations."
  • "Congratulations to the winners, and we applaud all our FullStory customers for their commitment to providing superior digital experiences," continued Voigt.

FullStory Unlocks New Value from Digital Experience Intelligence (DXI) at Spark 2022

Retrieved on: 
Tuesday, October 4, 2022
Online, Qualtrics, VP, Marketing, DailyPay, Stripe, Coffee, Digital, Success, GV, Ecosystem, Import, Technology, DXI, Google, Snowflake, Privacy, Intelligence, UX, All, Community, Certification, CRM, Alpha-beta model, Salesforce, Multimedia, CEO, Natural Product Updates, View, Google Chrome App, UI, Data science, Communication, Apple, Conference, Business intelligence, Product management, DX, Mobile phone, Online shopping, Permira, Research

"Some of the most innovative digital experiences and products in the world are built by technical teams who rely on FullStory every day to understand and empathize with their users," said Scott Voigt, CEO of FullStory. "But DXI isn't just for product, analytics, or UX pros. DX data can and should unlock value across the entire organization. We've been working hard over the past year to add features, functionality, and a brand new community to do just that -- expand the power of the FullStory platform to solve new challenges with our DXI data."

Key Points: 
  • "But DXI isn't just for product, analytics, or UX pros.DX data can and should unlock value across the entire organization.
  • DXI for All @ Spark: The FullStory Community Launch
    The FullStory Community brings together DXI enthusiasts around the globe to create the next generation of digital experiences together.
  • The community is open to all FullStory users at community.fullstory.com and provides access to:
    Online Discussion Forums: Ask FullStory questions and find answers immediately.
  • FullStory's digital experience intelligence platform enables businesses to continuously improve their digital customer experience across sites and apps.