News

Sunstone Partners awarded RCP’s 2022 Deal of the Year

Sunstone Partners (“Sunstone”), a growth-oriented private equity firm that makes investments in technology-enabled services and software businesses, has been awarded RCP’s 2022 Deal of the Year. Sunstone was selected following its acquisition, development, and subsequent sale of NetSPI (the “Company”), which demonstrated extraordinary performance. After a thorough review of approximately...

ProgenyHealth Appoints Susan Torroella as CEO to Lead the Company During its Next Stage of Growth

Nationally recognized executive known for creating strong cultures and building successful companies will succeed Founder and previous CEO Ellen Stang, MD who transitions to a new strategic advisory role and will serve as Executive Chairwoman of the Board. Plymouth Meeting, PA, January 17, 2023 – ProgenyHealth, LLC, a leading, tech-enabled women’s healthcare company...

Thirdera Announces Acquisition of SilverStorm Solutions

NEWS The move will enhance Thirdera’s capabilities in key ServiceNow solution areas and expand its European footprint. Broomfield, Colorado (January 12, 2023) Thirdera, the leading global pure play provider of workflow-enabled ServiceNow services and solutions, announced that it has signed a definitive agreement to acquire SilverStorm Solutions. A ServiceNow Elite-level partner based in...

Avertium Names Bill Carroll New Chief Executive Officer

Today, Avertium announced the appointment of Bill Carroll as the company’s new Chief Executive Officer. Carroll joins Avertium from Bishop Fox, where he helped guide the security company’s growth since 2019 as Chief Operating Officer.  Carroll brings more than 30 years of experience with technology companies, including Aasonn, Fruition Partners, and Hewlett Packard. Carroll will...

UserTesting to be Acquired by Thoma Bravo and Sunstone Partners for $1.3Bn

UserTesting stockholders to receive $7.50 per share in cash Deal price represents a 97% premium to the 30-day VWAP UserTesting to become a privately held company upon completion of the transaction October 27, 2022 08:30 AM Eastern Daylight Time SAN FRANCISCO--(BUSINESS WIRE)--UserTesting, Inc. (NYSE: USER), a leader in video-based human...