Takeover
Symphony Technology Group takes over Winshuttle
Winshuttle Holdings, LLC (Winshuttle), a provider of SAP-centric robotic process automation and data management platforms, has been acquired by Palo Alto, California-based Symphony Technology Group (STG).
STG is a strategic private equity firm with $2 billion in assets under management focused on transforming high-potential companies into clear market leaders. The firm's long-term investment strategy enables companies in the software, data and analytics industries to develop innovative product offerings for high-growth markets.
"This is an exciting step for Winshuttle, allowing us to rapidly expand and scale our offering in the application data management environment with the help of STG's expertise," explains John Pierson, CEO of Winshuttle. "With the help of this merger, we will be able to contribute even more to increasing the added value for our already very satisfied customer base". This already includes many of the world's largest brands.
Winshuttle is a leading provider of enterprise software for data automation and data process management, typically in SAP environments. The software optimizes data accuracy and maximizes productivity for business users working directly with SAP (e.g. Finance, HR, Supply Chain, IT) by providing SAP-integrated workflows for data sourcing and validation. Winshuttle employs approximately 300 people at its headquarters in Bothell, Washington, as well as other locations in North America, Germany, the UK, France and India, including additional external employees working worldwide.
"Winshuttle is an established technology leader in the data management and robotic process automation industry with an outstanding portfolio of innovative solutions that meet the needs of over 1,800 of the world's largest organizations," added William Chisholm, Managing Partner at STG. "By joining forces with Winshuttle, we expect to drive the growth of their next generation of application data management solutions. We look forward to the journey together."
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