Associated tags: Telecommunications, Siris, Telecommunication, Software, Financial services, J.P. Morgan & Co., Invention, Web.com, Mizuho, RBC Capital Markets, NYSE, Deutsche Bank, Professional services, Final good, Network Solutions, UBS, Blank Rome, HostGator, Commerce, Bluehost, MarkMonitor
Locations: NEW YORK, CANADA, SIRIS, CALIFORNIA, UNITED STATES, NORTH AMERICA, FLORIDA, TEXAS, FOSTER CITY
Retrieved on:
Thursday, February 22, 2024
Technology,
Mobile,
Wireless,
Security,
Telecommunications,
Software,
Networks,
Internet,
Hardware,
Data Management,
Culture,
Growth,
Organization,
Renewable energy Gigamon (“Gigamon” or the “Company”), a leading deep observability company that helps organizations to effectively secure and manage hybrid cloud infrastructure, today announced the completion of a significant strategic investment from Siris (together with its affiliates, “Siris”), a leading private equity firm focused on investing and driving value creation in technology companies.
Key Points:
- Gigamon (“Gigamon” or the “Company”), a leading deep observability company that helps organizations to effectively secure and manage hybrid cloud infrastructure, today announced the completion of a significant strategic investment from Siris (together with its affiliates, “Siris”), a leading private equity firm focused on investing and driving value creation in technology companies.
- The Siris investment in Gigamon will provide the Company with additional resources to accelerate innovation and growth through organic initiatives and potential strategic market opportunities.
- Founded in 2004, Gigamon protects the world’s largest, most complex, and most secure organizations, serving more than 4,000 customers globally.
- “I look forward to working with the Gigamon team and its existing investors as the Company executes on identified strategic growth opportunities and expands its leadership in deep observability.”
“Siris’ significant investment in Gigamon reflects the strength of the Company’s innovative products and global customer base,” said John Borgerding, Gigamon chairman.
Retrieved on:
Thursday, February 15, 2024
Bank of America,
BofA Securities,
Sidley Austin,
Partner,
Constant Contact,
Sale,
Endurance International Group,
Entrepreneurship,
Constant,
Partner (business rank),
Cryptocurrency NEW YORK, Feb. 15, 2024 /PRNewswire/ -- Siris Capital Group (together with its affiliates, "Siris"), a leading private equity firm focused on investing and driving value creation in technology companies, today announced the closing of Siris' sale of its 50% ownership stake in Constant Contact. Clearlake Capital Group and other investors have increased their ownership as a result of this transaction.
Key Points:
- NEW YORK, Feb. 15, 2024 /PRNewswire/ -- Siris Capital Group (together with its affiliates, "Siris"), a leading private equity firm focused on investing and driving value creation in technology companies, today announced the closing of Siris' sale of its 50% ownership stake in Constant Contact.
- Clearlake Capital Group and other investors have increased their ownership as a result of this transaction.
- "We invested in Constant Contact in 2021 to reinvigorate a long-standing digital marketing leader following its carve-out from Endurance International Group," said Tyler Sipprelle, a Partner at Siris.
- "CEO Frank Vella and the entire Constant Contact team have made significant progress towards this objective, and we look forward to Constant Contact achieving continued success moving forward."
Retrieved on:
Thursday, January 25, 2024
NEW YORK, Jan. 25, 2024 /PRNewswire/ -- Siris, a leading private equity firm focused on investing and driving value creation in technology companies, is pleased to announce the promotion of Stephen Catera to Partner.
Key Points:
- NEW YORK, Jan. 25, 2024 /PRNewswire/ -- Siris, a leading private equity firm focused on investing and driving value creation in technology companies, is pleased to announce the promotion of Stephen Catera to Partner.
- "Stephen has been a core member of Siris' Investment Team since joining the firm in 2012.
- Since 2016, he has led our capital markets and non-control investing activities," said Frank Baker, a Co-Founder and Managing Partner of Siris.
- Prior to joining Siris, Mr. Catera worked in the Leveraged Finance department at Deutsche Bank Securities where he worked on leveraged loan and high-yield issuances.
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."
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.
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.
Retrieved on:
Thursday, February 2, 2023
Endurance International Group,
Constant Contact,
Harvard University,
Investment,
Harvard Business School,
Entrepreneurship,
Transaction Network Services,
EFI,
Lazard,
Internet,
Growth,
Security (finance),
Economics,
IntraLinks NEW YORK, Feb. 2, 2023 /PRNewswire/ -- Siris, a leading private equity firm focused on investing and driving value creation in technology companies, is pleased to announce the promotion of Tyler Sipprelle to Partner.
Key Points:
- NEW YORK, Feb. 2, 2023 /PRNewswire/ -- Siris, a leading private equity firm focused on investing and driving value creation in technology companies, is pleased to announce the promotion of Tyler Sipprelle to Partner.
- "We are extremely proud of Tyler's accomplishments and are excited to recognize him with this much-deserved promotion," said Frank Baker, a Co-Founder and Managing Partner of Siris.
- Mr. Sipprelle currently serves as the Investment Team lead and a board member on Siris portfolio companies Constant Contact, EFI and Newfold Digital.
- Prior to joining Siris, Mr. Sipprelle served as an associate at a technology-focused private equity firm and began his career in technology investment banking at Lazard.
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.
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.
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.
