Marathon Health (“Marathon,” or the “Company”), a leading provider of employer health centers, and General Atlantic, a leading global growth equity firm, today announced a strategic partnership that will position Marathon to further scale its operations and footprint to serve employees, spouses, and dependents across the United States. Along with the transaction, General Atlantic became the majority owner of Marathon, while Goldman Sachs’ Private Capital Investing Division has exited its approximately three-year partnership with the Company.
From Bits & Pretzels 2019 in Munich, Joern Nikolay, Managing Director, Achim Berg, Operating Partner, and Christian Figge, Principal, share their thoughts on the thriving German entrepreneurial ecosystem, digitalization across Europe, and the opportunity for German growth companies to scale globally. Bits & Pretzels is Europe’s biggest founders festival.
Shantanu Rastogi, Managing Director in General Atlantic’s Mumbai office, was selected by the Economic Times as one of India’s “40 Under Forty” top business leaders of 2019. Shantanu focuses on investments in the firm’s Financial Services, Healthcare, and Consumer sectors in the India & Southeast Asia region.
Sandeep Naik, Managing Director and Head of India & Southeast Asia, appears on CNBC to share GA’s investment outlook for India and views on the strong entrepreneurial ecosystem in the country. General Atlantic has been investing in India since 2002 and has partnered with more than 25 companies there to help them grow and scale.
Sanfer, one of Mexico’s leading independent pharmaceutical companies, today announced it has obtained a USD $500 million minority investment from Caisse de dépôt et placement du Québec (CDPQ), a long-term institutional investor. The investment, one of the largest minority private equity transactions in Mexico, will enable Sanfer to execute on its continued expansion plans across Mexico and the broader Latin American region.
Morphe Holdings, a global beauty company, and General Atlantic, a leading global growth equity firm, announced today the launch of a new partnership in which General Atlantic will acquire a majority stake in the company alongside existing investor Summit Partners and co-founders Chris and Linda Tawil. Additional terms of the deal were not disclosed.
Motif Ingredients Rebrands to Motif FoodWorks, Raises $27.5 Million to Fuel Animal-Free Ingredients R&D
Ingredients innovation company, Motif Ingredients, today announced it received $27.5 million in funding led by General Atlantic, a leading global growth equity firm, with participation from CPT Capital. The company also revealed a new brand identity and name, Motif FoodWorks, and announced a number of additions to its leadership team. The capital raise, evolution of its brand and expanded team strategically position Motif FoodWorks to fulfill its aspiration to extend the realm of what’s possible with animal-free ingredients.
Alex Crisses, Managing Director in General Atlantic’s New York office, was selected as one of GrowthCap’s Top 25 Software Investors of 2019. Alex focuses on General Atlantic’s investments in the Technology sector and was recognized for co-heading the firm’s Emerging Growth Initiative and his leadership of the thematic sourcing program.
Mobile shopping leader Wish today announced that the company’s valuation was $11.2 billion post-money following a Series H round of financing led by General Atlantic, a leading global growth equity firm. With this new investment, Wish’s valuation increased from $8.7 billion following its last funding round in late 2017.
General Atlantic was featured in Forbes India’s August 2, 2019 issue, which profiled the private equity and venture capital firms contributing to India’s entrepreneurial and economic development. The article, “Why General Atlantic has an edge over its peers,” authored by Pooja Sarkar, highlighted General Atlantic’s longstanding focus on partnering with entrepreneurs in India to help build global growth companies.
General Atlantic, a leading global growth equity firm, announced today that Vittorio Colao has joined the firm as a Special Advisor. Mr. Colao, former Group Chief Executive of international communications company Vodafone Group Plc, will advise General Atlantic and its portfolio companies as the firm continues to execute on its global growth investing strategy.
General Atlantic was included in Inc. magazine’s “50 Best Private Equity Firms for Entrepreneurs.” Over the past 39 years, General Atlantic’s sole focus has been partnering with entrepreneurs and helping build some of the world’s best growth companies.