Leading Provider of Data Center Operations Software and Services Poised for Continued Growth
Eden Prairie, MN and Boston, MA (PRWEB) Apr 18, 2012
Help/Systems, LLC, a heading provider of data core automation, confidence and business comprehension solutions for IBM i, Unix, Linux and Windows handling systems, announced currently that expansion equity financier Summit Partners has finished a infancy investment in a company. Help/Systems will use a appropriation to support a ongoing organic and acquisition-driven vital growth.
Founded in 1982, Help/Systems provides programmed operations, confidence and business comprehension software solutions for a worldwide bottom of some-more than 5,100 customers. The association delivers products and services that assistance residence absolute IT expansion trends including an increasing concentration on automating IT management, virtualization, a fast expansion of information that requires estimate and analyzing, and a increasing need for confidence and network management.
“We are vehement about this partnership with Summit Partners,” pronounced Janet Dryer, CEO of Help/Systems. “Summit’s extended bottom of program and tellurian imagination will assistance us continue to enhance a products and services on a tellurian stage. We demeanour brazen to Summit’s superintendence and contributions in holding a association to a subsequent turn of growth.”
Summit Partners primarily invested in Help Systems in 2005 and sole a association to Audax Group in 2007. “We are gratified to re-invest in Help/Systems, a heading provider of information core automation, confidence and business intelligence solutions,” pronounced John Carroll, a Managing Director with Summit Partners. “The association has continued a success on a IBM platform, while now also expanding a solutions into a Unix, Linux and Windows markets. We trust these markets are staid for continued clever growth, and we demeanour brazen to partnering once again with a really gifted government group that we know well.”
Joining a company’s Board of Directors from Summit Partners are Managing Directors John Carroll and J.J. Kardwell, along with Principal Peter Rottier.
Weil, Gotshal Manges, LLP served as warn to Summit Partners.
Founded in 1982, Help/Systems, LLC is a heading provider of information core automation, security, and business comprehension solutions for IBM i, Unix, Linux and Windows handling systems. In 1992, Help/Systems became America’s initial ISO 9001-certified program company, and currently stays dedicated to providing a business with a top peculiarity products and services. For some-more information, revisit http://www.helpsystems.com.
About Summit Partners
Summit Partners is a growth equity organisation that invests in fast flourishing companies. Founded in 1984, Summit has lifted some-more than $14 billion in collateral and provides equity and credit for growth, recapitalizations, and government buyouts. Summit has invested in some-more than 340 companies opposite a operation of industries. These companies have finished some-more than 125 open offerings, and in additional of 130 have been acquired by vital mergers and sales. Summit Partners has offices in Boston, Palo Alto, London and Mumbai. Notable program companies financed by Summit Partners embody Hyperion Solutions, McAfee Associates, RightNow Technologies, Unica, Wildfire Interactive, and WebEx Communications.
In a United States of America, Summit Partners operates as an SEC-registered investment advisor. In a United Kingdom, this request is released by Summit Partners Limited, a organisation certified and regulated by a Financial Services Authority. Summit Partners Limited is a singular association purebred in England and Wales with association series 4141197, and a purebred bureau is during 20–22 Bedford Row, London, WC1R 4JS, UK. This request is dictated only to yield information per Summit Partners’ intensity financing capabilities for impending portfolio companies.