Permira Acquires Squarespace

Hellman & Friedman- and Permira-led Consortium Acquires Zendesk

November 22, 2022

Software

An investor group led by Hellman & Friedman and Permira, with participation from a wholly-owned Abu Dhabi Investment Authority subsidiary and GIC, completed an all-cash acquisition of Zendesk for approximately $10.2 billion ($77.50 per share). Zendesk will become a privately held company, remain headquartered in San Francisco, and continue to operate its customer-experience SaaS business serving over 100,000 brands and more than 6,000 employees worldwide.

Permira Invests in CommentSold

August 18, 2021

Cloud & SaaS

Permira made a strategic investment in CommentSold, a Huntsville-based live and social commerce SaaS platform, with previous investor ZMC exiting its position. The funding will be used to accelerate product and geographic expansion as CommentSold scales its live-selling platform for thousands of SMB retailers.

Permira Growth Opportunities Acquires Majority Stake in BioCatch at $1.3bn Valuation

May 2, 2024

Cybersecurity

Permira Growth Opportunities II, advised by Permira, agreed to acquire a majority stake in behavioral-biometric fraud-detection firm BioCatch in a secondary transaction valuing the company at $1.3 billion. Existing investors Sapphire Ventures and Macquarie Capital are increasing their investments, while shares were bought primarily from Bain Capital Tech Opportunities and Maverick Ventures to support BioCatch's global expansion, product roadmap and continued growth.

Permira Acquires Majority Stake in Boats Group from Apax Partners

December 29, 2020

E-Commerce

A company backed by the Permira funds has agreed to acquire a majority stake in Boats Group from funds advised by Apax Partners. Boats Group, a Miami-based online classifieds marketplace and technology provider for the recreational marine industry (brands include YachtWorld, Boat Trader and boats.com), will partner with Permira to expand internationally and develop new products and services; financial terms were not disclosed.

Permira Acquires Majority Stake in Acuity Knowledge Partners from Equistone

January 27, 2023

Professional Services

Funds advised by Permira have acquired a majority stake in Acuity Knowledge Partners from Equistone Partners Europe; Equistone will reinvest as a minority shareholder and Acuity's management remains significantly invested. Headquartered in London, Acuity is a provider of research, analytics and business intelligence to financial services firms worldwide; Permira plans to support further investment in teams, services and technology to drive growth and geographic expansion. The deal is subject to customary regulatory approvals and was expected to close in Q2 2023; financial terms were not disclosed.

Razor Group Acquires Perch

March 4, 2024

E-Commerce

Razor Group has acquired Perch, a leading US Amazon aggregator, and announced a Series D financing round led by Presight Capital. The deal consolidates scale across the combined portfolio (roughly 40,000 products across 30+ channels) and aims to accelerate Razor's technology-driven automation and path to $1 billion in revenue.