Siris

BOW RIVER CAPITAL SUPPORTS SIRIS CAPITAL ACQUISITION OF BEARCOM

Retrieved on: 
Thursday, January 18, 2024
Siris, Partnership, Acquisition, Safety, MCCP, Transport, Motorola, Public sector

DENVER, Jan. 18, 2024 /PRNewswire/ -- Bow River Capital, a Denver-based alternative asset manager, is pleased to announce that its Private Credit Team has provided funds to support Siris' acquisition of BearCom (the "Company"), in partnership with MCCP Investment Partners LP ("MCCP"), which led the financing.

Key Points: 
  • DENVER, Jan. 18, 2024 /PRNewswire/ -- Bow River Capital, a Denver-based alternative asset manager, is pleased to announce that its Private Credit Team has provided funds to support Siris' acquisition of BearCom (the "Company"), in partnership with MCCP Investment Partners LP ("MCCP"), which led the financing.
  • BearCom has more than 1,000 employees, including 350+ in its service workforce across the United States and Canada.
  • BearCom supports customers of all sizes across the distribution, manufacturing, chemicals, construction, energy, transportation, and live events industries, as well as the public sector.
  • Eli Muraidekh, Head of the Private Credit Team of Bow River Capital, commented: "We are delighted to add BearCom as our fifth platform investment, and are excited to be partnering with Siris and MCCP to support the next stage of BearCom's growth."

Siris Completes Acquisition of BearCom

Retrieved on: 
Tuesday, January 9, 2024
Siris, Human, Acquisition, Safety

NEW YORK and GARLAND, Texas, Jan. 9, 2024 /PRNewswire/ -- Siris, a leading private equity firm focused on investing and driving value creation in technology companies, today announced the completion of its previously announced acquisition of BearCom, a premier North American distributor and integrator of voice, video & data solutions, from Bertram Capital.

Key Points: 
  • NEW YORK and GARLAND, Texas, Jan. 9, 2024 /PRNewswire/ -- Siris, a leading private equity firm focused on investing and driving value creation in technology companies, today announced the completion of its previously announced acquisition of BearCom, a premier North American distributor and integrator of voice, video & data solutions, from Bertram Capital.
  • Together, Siris and BearCom will focus on expanding the company's mission-critical product portfolio and capabilities complemented by an acquisition-focused growth strategy.
  • "The completion of this transaction positions BearCom to enhance our offerings across sectors and help customers measurably improve safety, security and productivity in their businesses and communities," said Les Fry, Chief Executive Officer of BearCom.
  • "With Siris' resources and deep technological expertise on our side, we look forward to scaling our capabilities and pursuing new investment opportunities and acquisitions across key growth areas, including video security, private mobile networks, and event & industrial solutions."

Siris Enters into Agreement to Acquire BearCom, a Premier Distributor & Integrator of Voice, Video & Data Solutions

Retrieved on: 
Monday, November 27, 2023
DAS, Fujitsu, Motorola, Safety, Sidley Austin, LLP, Investment, Traction, History, Partner, Public sector, Hewlett Packard Enterprise, Partnership, Amazon Web Services, Growth, Motorola Solutions, Transport, Mobile phone, Siris, Boingo

NEW YORK and GARLAND, Texas, Nov. 27, 2023 /PRNewswire/ -- Siris, a leading private equity firm focused on investing and driving value creation in technology companies, today announced a definitive agreement to acquire BearCom, a leading North American solutions provider of wireless communications and security technologies, from Bertram Capital, a middle market private equity firm headquartered in Foster City, California. Terms of the transaction were not disclosed.

Key Points: 
  • BearCom has more than 1,000 employees, including 350+ in its service workforce across the United States and Canada.
  • These highly trained technicians deliver engineered product solutions and value-add technical services to ensure safety and security throughout the equipment lifecycle.
  • With more than 60 branch locations, BearCom serves as the world's largest integrator of Motorola's two-way radio systems.
  • Piper Sandler and BlackArch Partners served as financial advisors and Hirschler LLP served as legal advisor to BearCom and Bertram Capital.

Mavenir Raises $100 Million of Capital to Accelerate Investments in Strategic Growth Products

Retrieved on: 
Tuesday, May 2, 2023
Technology, Mobile, Wireless, Software, 5G, Networks, Internet, Siris, Computer network, IMS, Automation, Management, Mavenir

Mavenir, the Network Software Provider building the future of networks with cloud-native solutions that run on any cloud, today announced the closing of a $100 million capital raise, following its successful $250 million fundraise in 2022.

Key Points: 
  • Mavenir, the Network Software Provider building the future of networks with cloud-native solutions that run on any cloud, today announced the closing of a $100 million capital raise, following its successful $250 million fundraise in 2022.
  • The financing supports Mavenir’s innovation-focused strategy, enabling the digitization of telco networks with cloud-native applications that include IMS, Converged Packet Core and Open RAN.
  • The fundraising round was anchored by Siris, a leading technology focused private equity firm and Mavenir’s largest equity holder, along with investment from two highly strategic ecosystem partners.
  • Pardeep Kohli, President and CEO of Mavenir, commented: “This new capital will allow us to accelerate our capabilities in automation, sustainability, and use of AI as we enable our customers to efficiently deploy and operate Open RAN based end-to-end cloud-native networks.

CDS Names Joe Cozzolino as Chief Executive Officer to Drive Next Phase of Growth

Retrieved on: 
Tuesday, March 7, 2023
Software, Networks, Professional Services, Internet, Search Engine Optimization, Hardware, Search Engine Marketing, Electronic Design Automation, Data Management, Technology, Communications, Human Resources, Consulting, Newton, Cozzolino, Cisco, Mobility, Acquisition, Motorola, CPE, Service, TPx Communications, Software as a service, OEM, Multimedia, CDS, Maintenance, MVS, Knowledge, Siris, Network equipment provider, Video game

CDS , the leading provider of multi-vendor services (MVS) for data centers worldwide, today announced Joe Cozzolino as chief executive officer.

Key Points: 
  • CDS , the leading provider of multi-vendor services (MVS) for data centers worldwide, today announced Joe Cozzolino as chief executive officer.
  • Cozzolino brings over 30 years of knowledge and expertise in scaling enterprise services businesses, from growth-oriented private companies to global powerhouses like Cisco and Motorola.
  • View the full release here: https://www.businesswire.com/news/home/20230307005227/en/
    Joe Cozzolino joins CDS as Chief Executive Officer to Drive Next Phase of Growth (Photo: Business Wire)
    As CEO, Cozzolino will focus on expanding and scaling CDS's current offerings and executing a strategic growth plan for the company as the market for MVS continues to grow, with CDS seeing a 15% increase in revenue in 2022.
  • I speak for everyone at CDS in thanking Dan Newton for his leadership and dedication to the company.”
    To learn more about CDS, please visit our website .

Fiery® Announces Independence following Separation from Electronics For Imaging While Remaining Wholly Owned by Siris

Retrieved on: 
Wednesday, January 25, 2023
Siris, DFE, Electronics, Automation, Electronics for Imaging, Acquisition, Original equipment manufacturer, Algorithm, OEM, EFI, Digital, 3D printing, Fire

Toby Weiss, long-time Chief Operating Officer and General Manager of Fiery, will continue to lead the business as CEO of Fiery, with Jeff Jacobson serving as Executive Chairman of Fiery in addition to his role as Executive Chairman of EFI.

Key Points: 
  • Toby Weiss, long-time Chief Operating Officer and General Manager of Fiery, will continue to lead the business as CEO of Fiery, with Jeff Jacobson serving as Executive Chairman of Fiery in addition to his role as Executive Chairman of EFI.
  • “Fiery now has a greater ability to serve as a neutral partner to ensure OEMs capture success within digital print.
  • We look forward to accelerating our investment as a standalone company, while driving our expanding product portfolio, incorporating world-class color algorithms, and developing advanced cloud technology.”
    “Fiery is a foundational player in digital imaging,” said Tyler Sipprelle, Partner at Siris.
  • “Establishing Fiery as an independent company positions the business to deepen its commercial and strategic partnerships across the industry.”

Clarivate Successfully Completes Divestiture of MarkMonitor to Newfold Digital

Retrieved on: 
Tuesday, November 1, 2022
Final good, Register.com, Academy, Telecommunication, Invention, Web.com, Mizuho, RBC Capital Markets, BNP PARIBAS, Intelligence, LLC, NYSE, Deutsche Bank, Industry, Technology, J.P. Morgan & Co., Professional services, Network Solutions, UBS, Sale, Blank Rome, Health care, Investment, HostGator, Siris, Sidley Austin, Commerce, Bluehost, IP, Solution, MarkMonitor, Financial services, Clarivate

Previously, Clarivate announced on September 12, 2022 , its intent to divest MarkMonitor to Newfold.

Key Points: 
  • Previously, Clarivate announced on September 12, 2022 , its intent to divest MarkMonitor to Newfold.
  • Divesting MarkMonitor helps Clarivate focus on investing in its core intellectual property portfolio, including IP lifecycle management and IP intelligence.
  • Evercore acted as financial advisor and Blank Rome LLP acted as legal advisor to Clarivate.
  • Newfold Digital is a leading web and commerce technology company serving nearly 7 million customers globally.

Newfold Digital Completes Acquisition of MarkMonitor from Clarivate

Retrieved on: 
Tuesday, November 1, 2022
Final good, Register.com, Academy, CEO, Telecommunication, Acquisition, Invention, Web.com, Mizuho, Clarivate, RBC Capital Markets, BNP PARIBAS, LLC, NYSE, Deutsche Bank, Industry, Technology, J.P. Morgan & Co., Professional services, Network Solutions, UBS, Blank Rome, Health care, Investment, Digital, HostGator, Sidley Austin, Siris, Commerce, Bluehost, Solution, MarkMonitor, Online shopping, Financial services

JACKSONVILLE, Fla., Nov. 1, 2022 /PRNewswire/ -- Newfold Digital ("Newfold"), a leading web and commerce technology provider backed by affiliates of Clearlake Capital Group, L.P. ("Clearlake") and Siris Capital Group, LLC ("Siris"), today announced that it has completed its acquisition of MarkMonitor™, an industry-leading enterprise-level provider of domain management solutions from Clarivate Plc (NYSE:CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation.

Key Points: 
  • "As we officially welcome MarkMonitor to Newfold Digital, we simultaneously underscore our commitment to helping businesses of all sizes establish and protect their online presence," said Sharon Rowlands, CEO of Newfold Digital.
  • "Beyond its expertise in domain management and protection, MarkMonitor brings industry experience and a commitment to security.
  • Clarivate is a global leader in providing solutions to accelerate the pace of innovation.
  • Newfold Digital is a leading web and commerce technology company serving nearly 7 million customers globally.

Clarivate Successfully Completes Divestiture of MarkMonitor to Newfold Digital

Retrieved on: 
Tuesday, November 1, 2022
Final good, Register.com, Academy, Telecommunication, Invention, Web.com, Mizuho, RBC Capital Markets, BNP PARIBAS, Intelligence, LLC, NYSE, Deutsche Bank, Industry, Technology, J.P. Morgan & Co., Professional services, Network Solutions, UBS, Sale, Blank Rome, Health care, Investment, HostGator, Siris, Sidley Austin, Commerce, Bluehost, IP, Solution, MarkMonitor, Financial services, Clarivate

Previously, Clarivate announced on September 12, 2022 , its intent to divest MarkMonitor to Newfold.

Key Points: 
  • Previously, Clarivate announced on September 12, 2022 , its intent to divest MarkMonitor to Newfold.
  • Divesting MarkMonitor helps Clarivate focus on investing in its core intellectual property portfolio, including IP lifecycle management and IP intelligence.
  • Evercore acted as financial advisor and Blank Rome LLP acted as legal advisor to Clarivate.
  • Newfold Digital is a leading web and commerce technology company serving nearly 7 million customers globally.

Meet the TRDR Series II: The games console set to revolutionize our relationship with gaming

Retrieved on: 
Friday, October 7, 2022
Life, Loneliness, TRDR, Intelligence, Multimedia, Technology, Go (game), Siris, Cortana (Halo), NEW, Mentorship, Education, AI, RPG, Personality, Video game, Video game console

NEW YORK, Oct. 7, 2022 /PRNewswire/ -- British tech developer, Go Games is set to push the frontier of gaming even further by introducing the TRDR Series II - the first handheld games console to harbor the world's most sophisticated AI. 

Key Points: 
  • Meet the TRDR Series II: The games console set to revolutionize our relationship with gaming
    The AI comes in three iterations - Scarlet, Julia and Tony - each having its own unique personality, tailored to users who are matched with the AI to best fit their personality.
  • Offering up meaningful conversation, serving as a mental health tool for users who suffer from loneliness.
  • Gianni O'Connor, founder of Go Games, comments on the launch of the new TRDR Series II:
    "The standout difference with our proprietary AI is that we didn't teach it anything specific, only how to learn.
  • "The integration into the games console is just the first step of our process, but nonetheless represents the smartest device you can carry around."