Permira Funds to acquire Metalogix

A company owned by the private equity firm Permira is to acquire Metalogix, a provider of management tools for mission-critical collaboration platforms, including Microsoft SharePoint, Exchange and Office 365.

Members of Metalogix’s senior management team, including chief executive officer Steven Murphy, will maintain a significant equity stake in the company going forward. Terms of the transaction were not disclosed.
Metalogix is a Microsoft Gold Partner, an EMC Select Partner, and a GSA provider, and its products are backed by its live 24x7 support. With its recent acquisitions of Axceler and Idera’s SharePoint tools, Metalogix has built a suite of tools to manage increasingly complex and exponentially growing metadata and content across collaboration platforms. Metalogix was founded in 2008 and has its operational headquarters in Washington, DC, with offices around the world.
“Metalogix is an exciting investment opportunity for the Permira funds and another example of our technology strategy of backing platform software companies in secular growth markets,” says Brian Ruder, a Permira partner and co-head of its technology, media and telecom sector team. “We look forward to partnering with Steve Murphy and the rest of the company’s strong management team as Metalogix grows into attractive new markets organically and through select M&A opportunities.”
“We are excited to welcome the Permira funds as a partner in accelerating the growth of our business,” says Steven Murphy, CEO of Metalogix. “There are tremendous opportunities to drive innovation and further growth through accelerated global channel expansion and cloud and mobile infrastructure management. With the added financial backing, operational support and investment track record of the Permira funds, we fully expect to continue delivering impressive growth in the coming years. Importantly, the Permira funds recognise the key role we play in providing critical and seamless tools to our expanding roster of clients and support our next phase of development. We could not be more excited to hit the ground running with Permira.”
The transaction is subject to regulatory approval and customary closing conditions, and is expected to close in 2014. Upon closing, Permira’s Ruder and Ryan Lanpher will join Metalogix’s operating committee. Following the completion of the transaction, Insight Venture Partners and Bessemer Venture Partners will fully exit their stakes in Metalogix.
Evercore served as the exclusive financial advisor to Metalogix and Willkie Farr & Gallagher LLP served as its legal advisor. Union Square Advisors served as the exclusive financial advisor to the Permira funds and Fried, Frank, Harris, Shriver & Jacobson LLP served as its legal advisor.

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