General Atlantic, a leading global growth equity firm, announced today that Preston McKenzie, former CEO of Newscycle Solutions, and Eric Spiegel, former President and CEO of Siemens USA, have joined General Atlantic as special advisors.
General Information Services, one of the leading providers of background screening and talent acquisition services, today announced that General Atlantic, a leading global growth equity firm, has made a significant minority investment in the company. General Atlantic is partnering with Raymond Conrad, GIS’s Chairman, who will maintain a controlling stake in the company going forward.
Turbonomic, delivering autonomic performance for the hybrid cloud, today announced it has secured an additional $50 million in financing led by General Atlantic, a leading global growth equity firm. General Atlantic joins existing investors Bain Capital Ventures, Highland Capital, Globespan, and Iconiq. Gary Reiner, former Chief Information Officer of General Electric and current Operating Partner of General Atlantic, will join the company’s Board of Directors.
FlixBus, one of Europe’s leading innovators in travel technology, and Silver Lake, the global leader in technology investing, today announced that Silver Lake has made a strategic investment in the company. Existing investors General Atlantic, a leading global growth investor, Holtzbrinck Ventures and Daimler also participated in the investment round.
General Atlantic, a leading global growth equity firm, together with the online marketplace investors Pierre Siri and Henrik Persson, today announced the acquisition of a majority stake in Hemnet, Sweden’s leading online real estate classifieds platform. Following the investment, General Atlantic will become a majority shareholder. The consortium, consisting of Henrik, Pierre and investors in their investment company Merro, will take a minority stake in the company, joining existing investors Fastighetsmäklarförbundet (“FMF”) and Mäklarsamfundet (“MS”), the real estate broker associations in Sweden.
The ProSiebenSat.1 Group, one of the largest independent media companies in Europe, and General Atlantic, a leading global growth equity firm, today announced their investments in KäuferPortal, a market leading online portal in Germany that connects customers with a vendor network for consulting-intensive products and services for home improvement and financial services. ProSiebenSat.1, expert for brand building, and General Atlantic, a strategic partner that brings capital and operational expertise to entrepreneurs and management teams to help drive growth, will each acquire a 42 percent stake in the company. The other shares will remain with the company’s founders Robin Behlau and Mario Kohle. Both of the founders will remain at KäuferPortal in their current functions: Behlau as CEO, Kohle as chairman of the advisory board. The transaction must still be approved by the responsible cartel authorities.
SessionM Secures $35 Million Strategic Investment to Accelerate Expansion Among Enterprise Marketers
SessionM, an industry leading mobile-first marketing automation and loyalty platform, announced today that General Atlantic, a leading global growth equity firm, has led a $35 million strategic growth investment round in the company. Salesforce Ventures also participated as a new investor, along with existing investors including Causeway Media Partners, Charles River Ventures, Highland Capital Partners and Kleiner Perkins Caufield & Byers.
Ocean Link, the First Private Equity Firm Focused on China’s Travel and Tourism Sector, Announces Strategic Partnership with Ctrip and General Atlantic
Ocean Link, the first private equity firm focused on the fast-growing travel and tourism sector in China, today announced its strategic partnership with Ctrip, the largest online travel agency in China, and General Atlantic, a leading global growth equity firm.
General Atlantic, a leading global growth equity firm, announced today that Eric Zhang, former Global Partner and Managing Director of The Carlyle Group, has joined General Atlantic as Managing Director and Head of China. Mr. Zhang will lead the firm’s investments in growth companies across China.
Seismic Secures $40 Million Series C Funding Led by General Atlantic to Grow Leadership Position in Sales Enablement Market
Seismic, a leading enterprise software company, and General Atlantic, a leading global growth equity firm, announced today that General Atlantic has led a $40 million strategic growth investment in the company through a Series C round of funding. General Atlantic joins JMI Equity and Jackson Square Ventures as a minority shareholder. Gary Reiner, former Chief Information Officer at GE and Operating Partner at General Atlantic, will join Seismic’s board of directors.
Global energy and commodity price reporting agency Argus announced today that it has signed a definitive agreement to enter a strategic partnership with leading global growth equity firm General Atlantic. General Atlantic will acquire a majority stake in the business, enabling Argus to fuel its next phase of global expansion.
Flipp Corporation, a mobile consumer marketplace, and General Atlantic, a leading global growth equity firm, announced today that General Atlantic has made a $61 million strategic growth investment in the company. General Atlantic joins Insight Venture Partners as a minority shareholder in Flipp to fuel the further expansion of the company. Zachary Kaplan, Vice President at General Atlantic, will join Flipp’s board of directors.