Articles from Permira

Permira, the global investment firm, today announced the completion of its funds’ acquisition of Squarespace, Inc. (the “Company”) in an all-cash transaction that valued the Company at an aggregated transaction value of approximately $7.2 billion. With the completion of the acquisition, Squarespace is no longer listed on the New York Stock Exchange.

Second paragraph, fourth sentence should read: All shares that were validly tendered will be accepted for purchase on October 14, 2024 (Instead of All shares that were validly tendered will be accepted for purchase on October 15, 2024)

Permira, the global investment firm, and PharmaCord LLC (“PharmaCord”), a leading provider of patient services for the pharmaceutical industry, today announced that a company backed by the Permira funds has signed a definitive agreement to make a substantial investment in PharmaCord. Founder and Chief Executive Officer Nitin Sahney and the management team will continue to lead PharmaCord and will remain significant investors in the Company alongside the Permira funds. Terms of the transaction were not disclosed.

Permira, the global private equity firm, today announced that funds advised by Permira have agreed to make a strategic investment in Reorg (“Reorg” or the “Company”), a leading global provider of data, analytics and intelligence for the credit markets. As part of the transaction, Warburg Pincus will sell its majority shareholding in Reorg to Permira, and the Reorg team will retain a significant ownership interest. Financial terms of the transaction were not disclosed.

Permira, the global private equity firm, today announced that the Permira funds have agreed to sell DiversiTech, a market leading supplier of critical Heating, Ventilation, Air Conditioning/Refrigeration “HVAC/R” Parts, Supplies and Accessories, to Partners Group, a leading global private markets firm, for an enterprise value of $2.2 billion. Partners Group and management will be the largest investors going forward, with the Permira funds maintaining an ownership stake.

Permira, the global private equity firm which backs leading, scaling, tech-enabled businesses, today announced that it has signed an agreement with Thoma Bravo, a leading software investment firm, to make a significant strategic investment in Motus, the premier reimbursement software platform for the anywhere workforce. As part of the transaction, existing investor Thoma Bravo plans to reinvest and remain a significant investor in Motus. Financial terms of the transaction were not disclosed.