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Verint Closes $200 Million Investment by Funds Advised by Apax Partners

Verint Closes $200 Million Investment by Funds Advised by Apax Partners

05/07/20, 8:10 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/CA.svgmelville
Money raised
$200 million
Verint® Systems Inc. (NASDAQ: VRNT) today announced it has closed the first tranche under the two tranche investment agreement with funds advised by Apax Partners signed in December in connection with Verint’s plan to separate into two independent public companies. In connection with the closing, Jason Wright, Partner at Apax Partners, has been appointed to Verint’s Board of Directors.

Company Info

Company
Verint
Location
melville, saskatchewan, canada
Additional Info
Verint® is a global leader in Actionable Intelligence® solutions with a focus on customer engagement optimization and cyber intelligence. Today, over 10,000 organizations in more than 180 countries—including over 85 percent of the Fortune 100—count on intelligence from Verint solutions to make more informed, effective and timely decisions. Learn more about how we’re creating A Smarter World with Actionable Intelligence® at www.verint.com.
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