We're excited to share our first quarterly newsletter with you!
With the recent acquisitions of Mr Master and Data Design, we've
strengthened our presence in both the media and education
software industries. We continue to look broadly at other verticals
though and would like to stay top of mind for opportunities that
may seem like a fit. As we work towards aggressive acquisition
objectives for 2022, my hope is that our reputation with
intermediaries as a fast, fair, and trustworthy acquirer will
continue, as will our reputation with sellers as the best permanent
home for great software companies.
David Berkal,
CEO, Banyan Software
Acquisitions
Banyan Software
Acquires School Data
Analytics Provider
DataDesign Solutions
DataDesign helps education
stakeholders analyze student and
back-office data via a robust suite of
education intelligence tools.
We are delighted to welcome Arun
Srinivasan to the Banyan family as an
Operating Partner to help support the
growth and on-going success of our
software businesses.
Arun brings over 25 years of experience
in managing high-growth software
businesses. He began his career at
Oracle where he grew within the ranks
as a product management leader. Arun
later joined Fieldglass in 2009 where, as
part of the leadership team, he helped
scale the business ~25x in 11 years
across 22 countries. Arun eventually led
the business under SAP ownership as
General Manager prior to joining the
team at Banyan. Arun resides in Chicago
with wife and two children.
A post-acquisition priority for HWA
International Inc was identifying and
hiring a new leader to succeed the retiring
Founder/CEO.
To do this, we spent 4 months
understanding the culture, challenges,
and opportunities so that our in-house
talent team could identify the right
candidate. It quickly became apparent
that Javier Jimenez was the right fit.
Javier's successes in helping market
leaders maintain their dominance by
transforming technology and business
models to meet the demands of an
evolving customer base is already driving
results.
With new KPIs, processes, ideas and a
renewed vision, HWA 's team and new
leader are leveraging a storied history to
build a solid next chapter.
Banyan is proud to have been ranked #
1 in software (and #16 overall) by INC
5000's list of fastest growing private
companies in America and top 10 on
the Deloitte Technology Fast 500. This
is a testament to the amazing team we
have, as well as the founders and
owners who have trusted Banyan with
the legacy of the companies they
worked so hard to build.
Banyan Software is on a mission to acquire, build and
grow great enterprise software businesses that have
dominant positions in niche vertical markets all over the
world. Banyan focuses on a buy and hold for life strategy,
with permanent capital to deploy on 100% buy-out
acquisitions of profitable businesses.
