Logo

Goldman Sachs makes investment in Information Builders

Information Builders has received a growth equity investment led by Goldman Sachs’ Private Capital Investing group. This investment will further extend Information Builders’ leadership position in the large and growing market for BI solutions.

  • 7 years ago Posted in
Gerald Cohen, president and CEO of Information Builders said, “We are extremely pleased to have Goldman Sachs as an investor. Their investment in Information Builders affirms the value of our world-class technology and services, and reinforces our efforts for growth moving forward.”
 
The Private Capital Investing group is Goldman Sachs’ investment platform dedicated to providing junior capital to growth and middle market companies throughout North America. The group is co-headed by Michael McGinn, managing director at Goldman Sachs, who will be joining the board as part of the investment. Also participating in the financing is Bregal Sagemount, a firm with an established track record of software investing.
 
“Goldman Sachs is pleased to contribute to Information Builders’ continued growth and innovation in the business intelligence industry,” said Stephen Kerns, vice president in Goldman Sachs’ Private Capital Investing group. “Information Builders has a long history of market leadership and customer-focused solutions, as demonstrated by its very strong reputation and impressive customer base. We look forward to working with Information Builders to further position the company for long-term growth.”

Trinny London achieves up to £260K in savings with Fivetran

Fivetran equips over half of Trinny London's workforce with self-service analytics, accelerating...

Techcombank and Databricks revolutionise banking

Techcombank, one of Vietnam’s leading financial institutions, has implemented the Databricks Data...

Data consumption under scrutiny

New survey data from Cohesity reveals that consumers surveyed worldwide are highly concerned about...

86% of UK business leaders must make decisions “faster than ever before”

As the speed of decisions increases, new Confluent research shows half of C-level executives are...

NinjaOne appoints Joel Carusone to SVP of Data and AI

NinjaOne AI program focuses on customer success and thoughtful adoption over hype.

Databricks opens European Hub

The new seven-story Fitzrovia-based space will be one of the company's largest offices outside of...

Silos and inconsistency top list of data challenges for global IT leaders

New research from Confluent sees IT leaders share their biggest data challenges.

IT business-to-business market to hit a $6.7 trillion value in 2025

Global IT Business-to-Business (B2B) revenues, coming from data centers, IT services and devices,...

© 2024 - Angel Business Communications Limited

Made with by Angels