Menu visibility control

Video

Events

Startup Surgery

Most Recent

Tech City Voices

Making gender pay gap reporting work for tech

News

Top tech stats: UK FinTech, Brexit, cybersecurity and more

News

Startup Weekly: Just Eat’s FoodTech cohort, TrueStart’s call for applications and much more

Press Releases

Redbox Digital Gains Prestigious Magento Global Elite Partner Status
More than £1m transacted using Loot in its first 4 months
HT2 Labs receives Series A investment from City & Guilds Group

Pamplona Capital Management raises $1bn fund to invest in tech

pamplona capital fund
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Pamplona Capital Management has raised a $1bn fund to invest in technology, media and telecommunications (TMT) companies across Europe and the US.

The fund will seek to invest in high-growth companies across sectors including: cloud computing, SaaS companies, mobile platform and services and industrial technologies.

According to a statement, the fund will consider control and minority investments; buyouts and recapitalizations; rollups and consolidations.

A $1bn global tech fund, Luminance gets $3m, smart ice cubes & more in The Week in Tech

John Halsted, managing partner at Pamplona, said: “The creation of this $1bn dedicated TMT fund shows Pamplona’s very significant intent to actively participate in the shifting landscape inherent in these industries. We believe we have assembled the expertise and capital resources to take advantage of a number of exciting opportunities.”

Justin Perreault, a full-time partner will oversee the the fund, which will be based in Boston. Perreault will be joined by Darren Battistoni and Hiren Mankodi – both former investors at Welsh, Carson, Anderson & Stowe and Audax Group respectively.

First investment

The fund has already poured $50m in growth equity investment into Dyn, a US-based provider of internet performance management solutions.

Speaking about the investment, Perreault, said: “We are also pleased today to announce the fund’s first investment, a $50m growth equity investment in Dyn … We look forward to partnering with Dyn to help further capitalize on the exciting opportunities in their business.”

Dyn’s current customers include Pfizer, Visa, Netflix, and Twitter.

Enter your email address to receive updates straight to your inbox

* indicates required
Send me news on...
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Editor's picks

gender pay reporting

Making gender pay gap reporting work for tech
posted 1 hour ago

tech stats

Top tech stats: UK FinTech, Brexit, cybersecurity and more
posted on April 22, 2017

startup weekly

Startup Weekly: Just Eat’s FoodTech cohort, TrueStart’s call for applications and much more
posted on April 21, 2017

Divido EP winner

Meet our FinTech Startup of the Year: Divido
posted on April 21, 2017

shanghai

GP Bullhound: UK’s ranking in FinTech declines slightly as China takes the lead
posted on April 21, 2017

TWIT 21.04

Nauta Capital’s $100m raise, Cera’s £1.4m Seed top up, Appear Here’s US expansion and more in the Week in Tech
posted on April 21, 2017