STG Partners, LLC - Market Research Report

Company Overview

Name and Mission of the Company

Company Name: STG Partners, LLC

Mission: Building outstanding companies in the mid-market enterprise software and software-enabled technology services sector, with a focus on data, software, and analytics.

Founding and History

Founded: 2002

Founders: No information is available.

Key People

Key Executives:

William Chisholm, Managing Partner

Marc Bala, Managing Director

Kelly Carlson, Managing Director, Head of Talent

Stephen Henkenmeier, Managing Director & Chief Financial Officer

Anne Russ, Managing Director, Head of Capital Markets

Adam Hendricks, Managing Director

Umang Kajaria, Managing Director

Edouard Didier, Managing Director

Headquarters

United States: 1300 El Camino Real, Suite 300, Menlo Park, CA 94025

Europe: Berkeley Square House, 2nd Floor, London W1J 6BD

Bangalore: Ground Floor, Crescent 2, Prestige Shantiniketan, Whitefield Main Road, Bangalore, 560066

Number of Employees

No information is available.

Revenue

Assets under management: $10 billion (as of March 2023)

What the Company is Known For

STG is recognized for its strategic private equity investments in the mid-market software and software-enabled tech services sector, focusing on building customer-centric market winners to create sustainable foundations for growth.

Products

Product Portfolio

STG does not directly offer products as it operates as a private equity firm. The companies within its portfolio are known for various innovative software and analytics solutions.

Key Features of Portfolio Offerings

Innovation and Customer Focus: The portfolio companies excel with innovative offerings targeted towards customer-centric solutions in data, software, and analytics domains.

Recent Developments

Recent Acquisitions and Investments

1. Acquisition of Avid Technology:

Date: Completed on November 7, 2023

Value: $1.4 billion

Transaction Details: Avid Technology, a leader in media and entertainment technology, has been acquired to strengthen STG’s position in powering the industry’s content creation and management workflows.

2. Investment in TaxCalc:

Date: November 14, 2024

Details: Significant investment by STG Allegro in TaxCalc, a provider of tax compliance and practice management software for UK accounting firms, to enhance its product offerings and customer success.

3. Dodge Construction Network:

Recent Developments: Raised $100 million of new capital, appointed Andrew Somosi as CEO, and Johann Dudley as Chief Product Officer.

New Features and Offerings

1. Symphony Talent - SFX Insights:

Launch: October 28, 2024

Description: A transformative solution providing data-driven hiring strategy capabilities, demonstrated through advanced full-funnel data visualizations and reporting.

Partnerships and Strategic Moves

Partnerships: Collaborations such as Gresham and Alveo to create leaders in Enterprise Data Automation.

Strategic Alliances: Enhanced capabilities through the acquisition of Eka Software to strengthen Quor’s CTRM (Commodity Trade Risk Management) capabilities.