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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…

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Symphony Technology Group Acquires CommPartners, a Leading SaaS Provider of Learning Management System Software and Virtual Events

PALO ALTO, Calif., March 23, 2021  – Symphony Technology Group (“STG”), a leading Palo Alto-based private equity firm focused on investing in the software, data analytics and software-enabled technology services sectors, today announced that it has acquired CommPartners, a Columbia, Maryland-based learning management system (“LMS”) and virtual events company primarily serving the association market. The…

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McAfee Announces Sale of Enterprise Business to Symphony Technology Group for $4.0 Billion

McAfee will become a pure play consumer cybersecurity company. McAfee expects to issue a $4.50 special dividend per Class A share and reduce debt by ~$1 billion upon transaction close. SAN JOSE, Calif. & PALO ALTO, Calif. – March 8, 2021 – McAfee Corp. (Nasdaq: MCFE), the device-to-cloud cybersecurity company, today announced it has entered…

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Symphony Technology Group Acquires Warpwire, Leading Provider of Educational Video Services

Warpwire marks STG’s third investment into a unified platform following the acquisitions of CadmiumCD and EthosCE earlier this year. 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, today announced that it has acquired Warpwire, a Durham, North Carolina-based educational video…

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STG raises $2.0 billion for STG VI in a four-month fully virtual fundraise

STG VI exceeded its $1.5 billion target and was heavily oversubscribed Palo Alto, CA – November 16, 2020 – 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 VI (the “Fund”)…

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Symphony Technology Group Acquires EthosCE, Leading Healthcare Learning Management System

Symphony Technology Group (“STG”), a leading Palo Alto-based private equity firm focused on investing in the software, data analytics and software-enabled technology services sectors, today announced that it has acquired EthosCE, a Philadelphia, Pennsylvania-based healthcare learning management system (“LMS”) company. This acquisition underscores STG’s commitment to building a unique, market-leading software platform offering continuing education,…

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Symphony Technology Group Enters Definitive Agreement with Dell Technologies to Acquire RSA

PALO ALTO, CA and ROUND ROCK, TX – February 18, 2020 – A consortium led by Symphony Technology Group (STG), Ontario Teachers’ Pension Plan Board (Ontario Teachers’) and AlpInvest Partners (AlpInvest) has entered into a definitive agreement with Dell Technologies (NYSE: DELL) to acquire RSA in an all-cash transaction for $2.075 billion, subject to certain…

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Symphony Technology Group’s Acquisition of LexisNexis Screening Business Closes

Deal Combines First Advantage With LexisNexis Screening, Creating a Global Leader in Growing Industry First Advantage, a Symphony Technology Group (STG) company and a leading global provider of comprehensive talent acquisition solutions, today announced that its acquisition of the employment and resident screening business of LexisNexis Risk Solutions, a division of Reed Elsevier, has closed….

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Symphony Technology Group Acquires Source Healthcare Analytics From Wolters Kluwer; Will Combine With Impactrx, Targetrx And Alphadetail To Create Symphony Health Solutions

New Company to Drive Innovation in Information and Analytics across Healthcare Symphony Technology Group (STG), a strategic private equity firm with the mission of investing in and building software, data and technology-enabled services companies, today announced that it has acquired Source Healthcare Analytics, LLC from Wolters Kluwer. Terms of the deal were not disclosed. STG…

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