425.395.8685 contact@rjshara.biz
Apax to combine 3 social impact software application business in offer valued at $2B

Apax to combine 3 social impact software application business in offer valued at $2B

by | Aug 4, 2021 | Fundings and Exit

Who says there is no big money in software targeted at assisting individuals? Personal equity company Apax Funds announced today that it is integrating three social impact companies to produce a platform of sorts in an offer valued at $2 billion. To construct this social great juggernaut, Apax headed out and bought EveryAction from […] Erin Mulligan Nelson, CEO of Social Solutions sees combining the three business as a way to accelerate their individual efforts as companies. Apax reports the combined business will generate $200 million in profits, including 650,000 non-profits and half the Fortune 500, while collaborating a remarkable 38 million donors and volunteers. Of the three companies included just Social Solutions raised endeavor capital, according to Crunchbase data, raising $70 million including a $59 million investment from previous Microsoft CEO Steve Ballmer in 2018. As is typically the case with PE offers, these three business are a bit older, with EveryAction founded in 1997, CyberGrants in 1999, and Social Solutions in 2006. …

Unpacking Duck Creek Technologies’ IPO and hoped-for $2.7 B valuation

Unpacking Duck Creek Technologies’ IPO and hoped-for $2.7 B valuation

by | Aug 10, 2020 | Fundings and Exit, Startups

Tech stocks maintain their highs as the second quarter’s earnings season begins to fade into the rearview mirror, and there are still a number of business wanting to go public while the times are good. It appears like a smart move, as public investors are starving for growth-oriented shares– which is just what tech […] The business presently looking to go public are varied., a domestic tech business looking to go public on the back of growing SaaS profits. Duck Creek is a Boston-based software application company that serves the home and casualty (P&C) insurance market. Duck Creek is a company gradually letting go of perpetual license software application sales and scaling its SaaS earnings while still producing nearly half its profits from services….