Pamlico Capital

YPTC Ranks #65 on Accounting Today's List of Top 100 Firms

Retrieved on: 
Friday, March 8, 2024

For the third consecutive year, YPTC has appeared as a 'Top 100' firm on Accounting Today's national list, ranking #65 in 2024.

Key Points: 
  • For the third consecutive year, YPTC has appeared as a 'Top 100' firm on Accounting Today's national list, ranking #65 in 2024.
  • In 2023, YPTC ranked #75, jumping a staggering 25 places from their debut as #100 on the list in 2022.
  • YPTC grew its revenue by over 39% organically, while most firms on the list have experienced growth through mergers and acquisitions.
  • For more information about the Top 100 Firms and Regional Leaders, check out the complete article on Accounting Today and download the full report.

Delinea to Acquire Fastpath to Revolutionize Privileged Access and Identity Governance

Retrieved on: 
Wednesday, February 21, 2024

SAN FRANCISCO, Feb. 21, 2024 /PRNewswire/ -- Delinea, a leading provider of solutions that seamlessly extend Privileged Access Management (PAM), today announced a definitive agreement to acquire Fastpath, a leader in Identity Governance and Administration (IGA) and identity access rights. This strategic move follows Delinea's recent acquisition of Authomize and marks a significant expansion in Delinea's capabilities to enhance privileged access, controls, and governance, reducing organizational cybersecurity risk and ensuring compliance.

Key Points: 
  • The addition of Identity Governance and Administration (IGA) improves policy management, contextual authorization, and access controls to enhance risk mitigation and bolster security postures
    SAN FRANCISCO, Feb. 21, 2024 /PRNewswire/ -- Delinea , a leading provider of solutions that seamlessly extend Privileged Access Management (PAM), today announced a definitive agreement to acquire Fastpath , a leader in Identity Governance and Administration (IGA) and identity access rights.
  • "This strategic acquisition by Delinea heralds a new era in identity security, establishing pioneering standards for Privileged Access Management in an increasingly digital and interconnected world, where cybersecurity challenges are constantly evolving," said Art Gilliland, CEO of Delinea.
  • "The addition of Fastpath will empower the Delinea Platform to dynamically control authorizations by assessing user risk.
  • The collaboration between Fastpath and Delinea marks a transformative milestone in identity security, offering unparalleled insights and control over user access and privileges."

ClarisHealth Secures Significant Growth Investment from Pamlico Capital to Accelerate Market Position with Health Plans

Retrieved on: 
Tuesday, January 9, 2024

BRENTWOOD, Tenn. and CHARLOTTE, N.C., Jan. 9, 2024 /PRNewswire-PRWeb/ -- ClarisHealth, provider of the industry's leading enterprise payment integrity technology for health plans, announced today that it secured a strategic growth investment from Pamlico Capital ("Pamlico"), a private equity firm based in Charlotte, N.C.

Key Points: 
  • ClarisHealth, the industry's only provider of enterprise payment integrity technology for health plans, partners with experienced private equity firm Pamlico Capital for minority growth round investment.
  • This mission is realized through its integrated technology platform, Pareo®, used today by more than 20 health plans representing over 73 million health plan members.
  • With this growth capital, ClarisHealth will expand the scale of its operations and product innovation and accelerate its market position on the back of its best year for new client growth.
  • "ClarisHealth has achieved significant market adoption of our enterprise platform across more than 20 leading health plans that represent almost one fourth of insured Americans," said McNeese.

Your Part-Time Controller, LLC, Announces Strategic Growth Partnership with Pamlico Capital

Retrieved on: 
Wednesday, November 15, 2023

Fraint continued, "With the support of Pamlico, who understands our business and culture and shares our interest in serving nonprofit organizations, YPTC will be well-positioned to continue its remarkable growth."

Key Points: 
  • Fraint continued, "With the support of Pamlico, who understands our business and culture and shares our interest in serving nonprofit organizations, YPTC will be well-positioned to continue its remarkable growth."
  • Fraint will continue to be involved with YPTC as a significant shareholder and member of YPTC's board of directors.
  • I have complete confidence in her and our excellent and long-tenured YPTC team to continue the company's track record of success."
  • I look forward to many more years at YPTC as we continue to help our nonprofit clients achieve their missions."

Pamlico Announces Strategic Growth Investment in Beck Technology

Retrieved on: 
Wednesday, November 8, 2023

CHARLOTTE, N.C., Nov. 8, 2023 /PRNewswire/ -- Pamlico Capital ("Pamlico") today announced a strategic growth investment in Beck Technology, the leading preconstruction platform for contractors.

Key Points: 
  • CHARLOTTE, N.C., Nov. 8, 2023 /PRNewswire/ -- Pamlico Capital ("Pamlico") today announced a strategic growth investment in Beck Technology, the leading preconstruction platform for contractors.
  • Norbert Orth, a senior software executive with deep construction technology experience, will join Beck Technology as CEO.
  • Peter Beck, chairman and founder of Beck Technology, will also maintain ownership in the Company.
  • Pamlico Partner Eric Wilkins and Vice President Larsen Jones added, "Beck Technology has established a unique leadership position in preconstruction technology.

‘Deal of the Year’ Elevates SpendHQ’s Position as Global Procurement Pioneer

Retrieved on: 
Tuesday, October 31, 2023

For SpendHQ, this recognition highlights the acquisition of Per Angusta, a procurement performance management (PPM) technology company based in Lyon, France.

Key Points: 
  • For SpendHQ, this recognition highlights the acquisition of Per Angusta, a procurement performance management (PPM) technology company based in Lyon, France.
  • Facilitated by a $65M investment from Pamlico Capital, this acquisition not only expanded SpendHQ’s operational footprint but also pioneered the creation of a unified strategic procurement platform.
  • It was a ‘double bank shot with a moving backboard’ unlikely to happen,” said Tom Beaty, Founder and Chairmen of SpendHQ.
  • “We’re not just focused on delivering cutting-edge procurement solutions; we’re also nurturing a workplace environment where innovation thrives.

TRG Screen Announces Strategic Growth Investment from Vista Equity Partners

Retrieved on: 
Tuesday, October 3, 2023

NEW YORK, Oct. 3, 2023 /PRNewswire/ -- TRG Screen, the leading provider of enterprise subscription spend and usage management software, today announced a strategic growth investment from Vista Equity Partners ("Vista"), a leading global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses. TRG Screen will use the capital to accelerate product innovation, talent, and go-to-market functions to meet the growing demand for transparency, compliance, and control of market data and information consumption.

Key Points: 
  • Partnership with Vista reinforces TRG Screen's leadership in enterprise subscription spend and usage management; capital will accelerate growth initiatives to address an increasingly complex market data and information environment
    NEW YORK, Oct. 3, 2023 /PRNewswire/ -- TRG Screen , the leading provider of enterprise subscription spend and usage management software, today announced a strategic growth investment from Vista Equity Partners ("Vista"), a leading global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses.
  • TRG Screen also announced that Leigh Walters has been appointed Chief Executive Officer.
  • Walters, who will succeed Steve Matthews, has previously served as both President and Chief Operating Officer of TRG Screen since joining in 2017.
  • He will continue to partner with Leigh and the company's executive team in driving strategic growth.

MILLENNIA APPOINTS SCOTT SANNER AS CHIEF EXECUTIVE OFFICER

Retrieved on: 
Thursday, April 27, 2023

Sanner is a senior executive with nearly 30 years of experience in key roles leading healthcare technology companies.

Key Points: 
  • Sanner is a senior executive with nearly 30 years of experience in key roles leading healthcare technology companies.
  • He succeeds Tom Ormondroyd, who has been an invaluable and dedicated leader for Millennia over the last four years.
  • Millennia today announced it has appointed Scott Sanner as CEO and a member of the board of directors.
  • "Scott Sanner is a proven executive with extensive experience scaling healthcare technology companies.

InRule Technology® Seeks Continued Success in 2023 After Significant Growth in 2022

Retrieved on: 
Tuesday, February 7, 2023

InRule Technology® , an intelligence automation company providing integrated decisioning, machine learning and process automation software to the enterprise, kicks off 2023 with significant momentum after a successful 2022 fueled by new growth capital, product innovations, and an expanded team.

Key Points: 
  • InRule Technology® , an intelligence automation company providing integrated decisioning, machine learning and process automation software to the enterprise, kicks off 2023 with significant momentum after a successful 2022 fueled by new growth capital, product innovations, and an expanded team.
  • In mid-October, InRule announced it received a new strategic growth investment from Pamlico Capital .
  • Pamlico’s backing will enable InRule to accelerate the delivery of intelligence automation software that helps organizations make better decisions faster, operationalize machine learning and improve complex processes and workflows.
  • In 2023, InRule will continue to strategically expand its team in key areas, both domestically and internationally, to better achieve its annual growth goals and fulfill its commitment to customer success.

OpenGate Capital Realizes Investment in InRule Technology

Retrieved on: 
Thursday, October 13, 2022

OpenGate Capital , a global private equity firm, today announced that it has exited its investment in InRule Technology (InRule), a market-leading intelligence automation platform, through a sale to Pamlico Capital.

Key Points: 
  • OpenGate Capital , a global private equity firm, today announced that it has exited its investment in InRule Technology (InRule), a market-leading intelligence automation platform, through a sale to Pamlico Capital.
  • OpenGates initial investment came in 2019 and marked InRules first institutional capital raise.
  • Automation is becoming increasingly essential for effective business governance and cost-effective decision-making, and InRule represents just how powerful this technology can be, commented Andrew Nikou, OpenGate Capitals founder and CEO.
  • "InRule has been an exceptional partner over the last three years and has experienced strong product, customer and revenue growth, said Rob Young, a Principal at OpenGate Capital.