Consortium led by Symphony Technology Group Completes Acquisition of Momentive Global
Momentive, the maker of SurveyMonkey, today announced the completion of its acquisition by an investor consortium led by Symphony Technology Group (STG) in an all-cash transaction valued at approximately $1.5 billion. The acquisition was previously announced on March 13, 2023, and approved by Momentive shareholders at the Special Meeting of Shareholders on May 31, 2023….
STG Raises $4.2 Billion in Oversubscribed Fund VII
STG VII exceeded its $3 billion target and will look to capitalize on a highly attractive environment for software investing STG (the “Firm”), a leading private equity firm focused on investing in software and software-enabled technology services businesses, is pleased to announce the final closing of STG VII (“Fund VII”) with total capital commitments of…
Alveo Receives Majority Investment from Symphony Technology Group
Alveo is a market leader in financial data management with next generation DaaS and ESG Solutions London, UK and Menlo Park, CA – 18th January 2023 – Alveo, a leading cloud-based data management, analytics, and Data-as-a-Service provider for the financial services industry, has entered into a definitive agreement to receive a majority investment from Symphony…
Symphony Technology Group Announces the Launch of Skyhigh Security
Symphony Technology Group (“STG”), a leading Menlo Park-based private equity firm focused on the software, data, and analytics sectors, today announced the launch of Skyhigh Security. The new portfolio company was created to satisfy the growing cloud security requirements for large and small organizations. Skyhigh Security’s unique approach extends security beyond data access to securing…
STG raises over $860 million for inaugural STG Allegro Fund in a four-month fully virtual fundraise
STG Allegro exceeded its $500 million target and was heavily oversubscribed Menlo Park, CA – October 28, 2021 – STG Partners (“STG”, or the “Firm”), a leading private equity firm focused on investing in the software, data analytics, and software-enabled technology services sectors, is pleased to announce the final closing of STG Allegro (together with…
Symphony Technology Group Announces Bryan Palma Appointment
Palma to lead the integration of McAfee Enterprise and FireEye Products with Ian Halifax as CFO MENLO PARK, Calif. – September 30, 2021 – Symphony Technology Group (“STG”), a leading Menlo Park-based private equity firm focused on investing in the software, data, and analytics sectors, today announced that upon the closing of STG’s acquisition of…
Kantar announces proposed sale of Reputation Intelligence business to Symphony Technology Group
Kantar, the world’s leading data analytics and brand consulting group, today announced the proposed sale of its Reputation Intelligence business to leading software investor Symphony Technology Group “STG”. Commenting on the announcement Ian Griffiths, Deputy CEO and Chief Financial Officer, Kantar, said: “Today we set Reputation Intelligence’s course for sustainable growth and leadership. Under this…
Symphony Technology Group Closes Acquisition of McAfee’s Enterprise Business
SAN JOSE, Calif.–July 27, 2021- Symphony Technology Group (STG) today announced that a consortium led by it has completed the acquisition of McAfee’s Enterprise business. As a recognized leader in cybersecurity for more than 30 years, McAfee Enterprise will now singularly focus on keeping governments and enterprises safe and secure. “McAfee’s Enterprise business has been…
FireEye Announces Sale of FireEye Products Business to Symphony Technology Group for $1.2 Billion
All cash transaction unlocks high-growth Mandiant Solutions business Continued partnership after closing supports customers with reseller relationship and shared product telemetry and frontline threat intelligence FireEye Board authorizes share repurchase program of up to $500 million MILPITAS, Calif., June 2, 2021 – FireEye, Inc. (NASDAQ: FEYE) today announced it has entered into a definitive agreement…
Hg sells Trace One to Symphony Technology Group
Hg, Europe’s leading software investor, today announces that it has entered into an agreement to sell its investment in Trace One to Symphony Technology Group (“STG”), a Palo Alto-based private equity firm focused on investing in the software, data analytics, and software-enabled technology services sectors. “Trace One is the undisputed sector leader serving the world’s…