Articles from Great Hill Partners

Great Hill Partners, a private equity firm that invests in high‑growth, disruptive companies, today announced that Jonathan Bank has joined the firm’s Growth Team as Head of Revenue Operations.

Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, today announced that Phil Galati has joined the firm as a Growth Partner. In this role, Galati will work closely with Great Hill’s investment team to explore new investment opportunities and portfolio company management teams to help design and execute their growth strategies.

Great Hill Partners (“Great Hill”), a private equity firm that invests in high-growth, disruptive companies, today announced a strategic growth investment in Ren, Inc. (“Ren” or the “Company”), the leading provider of donor-advised fund (DAF) technology and philanthropic solutions. The investment will enable Ren to accelerate its product roadmap, scale its operations, and further expand its reach across financial advisors, wealth management firms, and philanthropic institutions. Financial terms of the transaction were not disclosed.

Great Hill Partners (“Great Hill” or the “Firm”), a private equity firm that invests in high-growth, disruptive companies, today announced the closing of Great Hill Equity Partners IX, L.P. (the “Fund” or “Fund IX”), with commitments totaling $7 billion, significantly exceeding its $5 billion target. The fundraise was substantially oversubscribed and reached its hard cap five months after its formal launch. Great Hill has now raised funds with over $19 billion in commitments since 1998.

Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, today announced that Shannon Delage has joined the firm as Growth Partner. Delage will focus on supporting portfolio companies in the healthcare sector, and her appointment reflects Great Hill’s continued commitment to driving growth and creating value at exceptional companies across its portfolio.

Great Hill Partners, (“Great Hill”), a private equity firm that invests in high-growth, disruptive companies, today announced that it has agreed to make a majority investment in Peter Park System GmbH​ (“the Company”), a leading provider of digital parking solutions. Great Hill’s investment will support the accelerated build-out of Peter Park’s salesforce and technology, expand the Company’s footprint, and help continue executing its ambitious growth strategy. As part of the investment, ​the family office of ARBAnova Familienstiftung​​​ will make an additional minority investment, and Maximilian Schlereth, Co-Founder and CEO of Peter Park, along with the founding management team​, Patrick Bartler (COO), Stefan Schenk (CCO), and Christoph Heinle (CTO)​, will roll over their equity investments and continue to lead the Company. This investment in Peter Park will bring the Company’s total growth financing to over €100 million to date.

Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, today announced the appointment of Stacey DeVoe as Head of Talent.

Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, today announced the promotion of Mike Thompson to Managing Director, Head of Growth Team. Thompson’s promotion to the newly created role reflects Great Hill’s continued commitment to strong growth and value creation by building exceptional portfolio companies.

Vision Government Solutions, Inc. (“Vision” or “the Company”), a leader in the appraisal, computer-assisted mass appraisal (CAMA), and property tax industry, today announced that it has completed a majority recapitalization with Great Hill Partners (“Great Hill”), a private equity firm that invests in high-growth, disruptive companies. This investment, which also includes participation from Weatherford Capital (“Weatherford”) and the existing Vision leadership team, will help drive Vision's growth, accelerate product innovation, and enhance customer experience. As part of the investment, Rubicon Technology Partners, which invested in Vision in March 2021, has exited its stake in the Company. Financial terms of the transaction were not disclosed.

Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, was recently recognized as the third best performing firm in a ranking of large-buyout private equity firms by HEC Paris – Dow Jones. Great Hill has been included in the top five positions on HEC Paris – Dow Jones’ performance lists for the past four years.

Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, today announced that it has reached an agreement to sell Mission Cloud Services Inc. (“the Company”), a leading cloud professional services, managed services and consulting provider, to CDW (NASDAQ: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada.

Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, today announced a partial sale of BigChange (the “Company”), a leading field service management software company for the service and transport sectors, to Simpro Group, a global provider of field service management solutions. Great Hill will continue to support the Company through the retention of a minority stake, demonstrating the firm’s commitment to BigChange’s future growth trajectory.

Today, Vivup, a leading provider of world-class health and wellbeing benefits, and Perkbox, an award-winning global benefits and reward platform, announced an agreement to combine and a strategic majority investment from Great Hill Partners, a growth equity firm that invests in high-growth, disruptive companies. This brings together combined strengths with the goal of offering a truly market leading solution for the UK’s public and private employee benefits sectors. Great Hill Partners’ investment will help the newly strengthened organisation scale its go-to-market capabilities, innovate product offerings, and accelerate organic and inorganic growth opportunities. Omni Partners (“Omni”), a lower mid-market focused investor in UK private companies, invested in Vivup in 2022 and will retain a minority stake to continue supporting the combined company’s growth. The agreed transaction is subject to Financial Conduct Authority (FCA) authorisation.

Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, was recently ranked fourth in the HEC Paris – Dow Jones Mid-Market Buyout Performance Rankings, which analyzed the performance of over 600 private equity firms globally. This marks Great Hill’s third consecutive year of inclusion in the top five private equity firms on the list.

Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, today announced that Atle Skalleberg has joined the firm as an Executive-in-Residence. In this role, Mr. Skalleberg will work with Great Hill to identify and pursue investment opportunities within the global travel industry alongside other businesses with direct-to-consumer or marketplace business models.

Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, today announced that Tom Spengler has joined the firm as an Executive-in-Residence. Mr. Spengler brings over 23 years of dedicated local government technology experience to Great Hill and will help the firm identify and pursue investment opportunities within the government technology industry.

Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, today announced that John Wernz has joined the firm as an Executive-in-Residence. In this role, Mr. Wernz will work with Great Hill to identify and pursue investment opportunities within the wealth management and wealth technology industries.

Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, today announced that David Roberts has joined as a Managing Director. Mr. Roberts joins the firm’s Digital Commerce team, focusing on investments across eCommerce, marketplaces, consumer products, services and adjacent enabling software verticals.

Enumerate (the “Company”), the leading provider of software and payment solutions to communities, homeowners associations (“HOAs”) and other vertical markets, today announced its rebrand after a previous growth equity investment from Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies. The Company’s core products, TOPS Software (accounting) and Nabr Network (engagement), will operate under the new name Enumerate moving forward. Enumerate will be led by Charlie Piper, a software industry veteran and former Great Hill portfolio company executive. Great Hill invested growth capital into Enumerate’s predecessor company, TOPS Software, in July 2021 and executed the acquisition of Nabr Network in February 2022.

Fusion Risk Management, Inc. (“Fusion” or the “Company”), a leading provider of cloud-based operational resilience, business continuity, and risk management software and services, today announced a strategic growth investment from Great Hill Partners, a leading growth-oriented private equity firm. The majority investment will allow Fusion to enhance its go-to-market and product innovation capabilities, while continuing to accelerate the pursuit of several attractive organic and inorganic growth opportunities. Existing investor Vista Equity Partners (“Vista”) will remain a significant minority shareholder in Fusion, along with Catalyst Investors and Level Equity Management. Financial terms of the transaction were not disclosed.

Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, today announced that the firm has opened a London office to support its strong historical track record of investment activity in the UK and Europe. The London office will serve as Great Hill’s regional hub for the UK and Europe, providing the firm with a dedicated local presence, greater access to investment opportunities, and resources for portfolio companies. Longtime Great Hill Managing Director Drew Loucks will lead the new office and grow the London team.

Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, today announced the addition of Ned Leutz as Go-To-Market Lead on the Growth Team. In this role, Mr. Leutz will collaborate with other members of the Growth Team to identify and pursue opportunities to enhance value and further scale Great Hill’s portfolio companies.

Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, today announced that Joe Farhat has joined as Director of Technology. He will join the firm’s Growth Team, which focuses on providing the strategic resources and guidance needed to enhance the growth trajectories of our portfolio companies. In this role, Mr. Farhat will be responsible for partnering with Great Hill’s investment team and portfolio company leaders to innovate and scale through Cloud, Data, Analytics, AI, and Security transformation initiatives that create value, reduce risk, and drive success in R&D, product management, and corporate IT.

Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, today announced that Jason Hogg has joined the firm as an Executive-in-Residence (“EIR”). In this role, Mr. Hogg will identify and pursue investment opportunities with a focus on financial technology, insurtech, cyber insurance and software.

Echobot, a leading provider of European sales intelligence, and Leadfeeder, a best-in-class web visitor intelligence platform, today announced an agreement to merge, creating a ground-breaking AI-powered sales intelligence and go-to-market platform. Great Hill Partners, a growth equity firm that invests in high-growth, disruptive companies, has invested €180 million to support the merger and help the newly formed company drive continued product innovation, scale go-to-market capabilities, and accelerate growth. Great Hill also committed an additional €50 million for the combined company to pursue strategic acquisitions.

Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, today announced the completion of its fundraising for Great Hill Equity Partners VIII, L.P. (the “Fund”) with total commitments of $4.65 billion, inclusive of the General Partner commitment. The fundraise process was launched in September 2021, and the Fund was significantly oversubscribed, with demand exceeding the original $3.5 billion target. Great Hill has now raised over $12 billion in commitments since its founding.

Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, today announced the promotions of Craig Byrnes to Managing Director and Chris Govey to Principal.

Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, today announced the addition of Suaad Sait as Growth Partner. In this role, Mr. Sait will work collaboratively with Great Hill investment teams to explore new investment opportunities and portfolio company management teams to help design and execute their growth strategies.

Prodege (“the Company”), a cutting-edge marketing and consumer insights platform, today announced that it has signed a definitive agreement to secure a major investment from Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies. Great Hill’s investment will be used to support the Company’s rapid organic expansion and targeted acquisition strategy. Financial terms of the transaction were not disclosed.

Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, and Blackstone (NYSE:BX) today jointly announced a new partnership in which funds managed by Blackstone GP Stakes will acquire a minority ownership interest in Great Hill Partners. Blackstone GP Stakes specializes in value-added, long-term investments in the management companies of leading private equity firms.

Clearwave, one of the fastest-growing SaaS platforms in digital patient engagement, today announced a strategic growth investment from Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies. Great Hill’s investment will accelerate Clearwave’s go-to-market capabilities and product innovation, and will enable the company to enhance growth through hiring, continued R&D investment and strategic M&A to expedite its product roadmap—all in order to better serve Clearwave’s fast-growing list of healthcare provider clients. Frontier Growth will remain a significant investor in Clearwave.

Blue Ridge, the leading supply chain planning and price optimization platform combining break-through demand sensing and shaping, today announced a strategic investment from Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies. Great Hill’s investment will support Blue Ridge’s ongoing efforts to capture more of the large and expanding market for supply chain management software in the U.S. and Europe by accelerating growth across its core verticals, as well as developing additional tools and modules to help further address customer needs. Financial terms of the transaction were not disclosed.

IVX Health, a national provider of outpatient infusion centers, announced today the completion of a $100 million Series F minority investment from Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies. Great Hill joins IVX Health’s existing investors including Linden Structured Capital, McKesson Ventures, Health Velocity Capital, and Nueterra Capital.

Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, today announced the addition of Andrew Gorrin as Growth Partner. In this role, Mr. Gorrin will work collaboratively with Great Hill investment teams and portfolio company management to help design and execute their growth strategies.

Labor First, LLC (“Labor First” or “the Company”), a leading provider of group retiree Medicare benefit management solutions, today announced that it has completed a recapitalization with Great Hill Partners, a leading growth-oriented private equity firm. The investment will provide Labor First with the ability to accelerate the buildout of its salesforce, broker channels, new product introductions and continued investment in its member advocacy team and technology that will support the Company’s execution of its growth strategy. Financial terms of the transaction were not disclosed.

RxBenefits, the employee benefits industry’s leading technology-enabled pharmacy benefits optimizer (PBO), today announced the appointment of Rick Jelinek, a former Executive Vice President at CVS Health and Aetna as well as CEO of OptumHealth, and Kristi Savacool, former CEO of Aon Hewitt, to the Board of Directors. Mr. Jelinek will serve as Board Chairman. Both industry veterans bring over two decades of experience building and scaling global corporations as well as spearheading critical customer and business initiatives.

Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, today announced the promotions of John Dwyer and Mary Kate Bertke to Managing Director. Mr. Dwyer will continue to lead and manage Great Hill’s finance, compliance and accounting functions as Chief Financial Officer and Chief Compliance Officer, and Ms. Bertke will continue to focus on maintaining and developing relationships with existing and prospective global limited partners as Head of Investor Relations.

eloomi A/S (“eloomi” or the “Company”), a global cloud-based people development software company, today announced a $55 million strategic investment from Great Hill Partners, a private equity firm that invests in high-growth, disruptive businesses. eloomi offers a leading SaaS corporate learning and performance management platform that enables HR Directors to easily distribute training content to internal and external users, while monitoring their progress and streamlining coaching, reviews, and 360 feedback. Great Hill’s investment is expected to accelerate eloomi’s growth in the United States and support further expansion of the Company’s go-to-market and product development efforts.