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Symphony Technology Group

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Symphony Technology Group
Company typePrivate company
HeadquartersPalo Alto, California, U.S.[1]
Websitewww.stgpartners.com

Symphony Technology Group is an American private equity firm based in Palo Alto, California.[1] Its managing partner is Romesh Wadhwani, who founded the firm in 2002.[2]

Investments

The company has investments in the following companies:[3]

  • Connexity (formerly Shopzilla)
  • CoreOne
  • Erecruit (formerly Bond International Software / TempBuddy / Erecruit)[4]
  • Evidera
  • Findly
  • Jobrapido
  • First Advantage
  • IBS
  • ImpactRX
  • IRI (formerly SymphonyIRI)
  • MSC Software
  • Dodge Data & Analytics
  • Poplicus
  • Sigma^3
  • Source Healthcare Analytics
  • SUMMIT Software Inc.
  • Symphony RetailAI, containing the business units Symphony EYC and Symphony GOLD (from the acquisition of Aldata and EYC)
  • Symphony Advanced Media
  • System C
  • Winshuttle

Acquisitions

Symphony acquired McGraw-Hill Construction from McGraw-Hill Financial for US$320 million on September 22, 2014. [5] The acquisition includes Engineering News-Record, Architectural Record, Dodge and Sweet's.[6] McGraw-Hill Construction has been renamed Dodge Data & Analytics.[7]

Divestments

References

  1. ^ a b "Company Overview of Symphony Technology Group". Bloomberg Businessweek. Retrieved 2013-04-24.
  2. ^ "Romesh Wadhwani". Forbes. Retrieved 2013-04-24.
  3. ^ "Investments". Symphony Technology Group. Retrieved 2014-04-15.
  4. ^ "Erecruit™, Bond International Software and TempBuddy Combine Under the Erecruit Name Bringing Together the Industry's Most Complete Global Staffing Solutions". Cision PR Newswire. 2018-01-16.
  5. ^ Staley, Eddie (September 22, 2014). "McGraw Hill Financial To Sell McGraw Hill Construction To Symphony Technology Group For $320M In Cash". Benzinga. Retrieved April 30, 2015.
  6. ^ McGraw Hill Sells ENR and Construction Group to Equity Investor
  7. ^ Maidenberg, Micah (December 14, 2014). "Best year since 2008 for construction industry". Crain's Chicago Business. Dodge Data & Analytics, a data provider formerly known as McGraw-Hill Construction
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