Ysance snags Series A funds from Creadev

French cloud and big data consulting company Ysance has secured 5 million euros in Series A funding. The investor was Creadev, the Mulliez family’s private equity firm. PRESS RELEASE PARIS, September 24, 2015 /PRNewswire/ –Ysance (http://www.ysance.com), a French leader in Cloud and Big Data consulting, and the provider of an innovative cloud-based first-party data management platform (DMP), has raised €5 million in a Series A round from Creadev, the private equity firm belonging to the Mulliez family, which owns several leading international retailers. This round of funding will support the company’s research and development efforts as well as expansion of its sales team in Europe. Ysance plans to add 50 new team members in the near future. For over 10 years, Ysance has been a Cloud and Big Data consulting pioneer in France. The company has helped over 120 businesses from a variety of industries accelerate their digital transformation with custom Cloud solutions comprising best-in-class Customer Relationship Management, Business Intelligence, Big Data, Marketing, and E-Commerce technologies. As a Cloud integration specialist, Ysance experienced first-hand the limitations of first generation “audience-centric” DMPs. Designed to target particular segments of online ad viewers, these platforms’ capabilities are quickly overstretched when they seek to recognize and address unique individuals across multiple points of engagement, both online and offline. The Ysance Digital Data Factory DMP was built from the ground up to offer an “individual-centric” real-time data hub in the Cloud that allows companies to gain in accuracy and speed as they recognize and engage with unique individuals across every one of their brands’ many touch points, integrating display ads, websites, mobile apps, e-commerce funnels, discussions with store clerks, point-of-sale receipts, phone conversations with service professionals, email newsletters, social media, and loyalty programs. “Targeting online advertising audience segments is one thing; ensuring a given individual is consistently recognized and addressed onsite, offsite, in-store, at home and on the go, every time, in just milliseconds, is another,” says Florent Thomann, a Creadev Director. Also according to Thomann: “We believe Ysance’s distinctive Cloud data hub will become essential to companies who wish to entrust their digital transformation to a custom business Cloud built with best-of-breed technologies.” “Creadev has demonstrated its ability to foster industry leaders in the past. More than an investor, it is a long-term strategic partner,” explains Laurent Letourmy, CEO of Ysance. “We will benefit from Creadev’s experience, the richness of its ecosystem andits presence on several continents, while retaining the autonomy and agility to create disruptive change in our market,” adds Letourmy. About the Digital Data Factory Launched early 2014 in SaaS mode, Ysance’s Digital Data Factory is an innovative first-party DMP (Data Management Platform). The service allows users to collect, organize, reconcile and analyze online and offline individual-level consumer behavior in order to increase their knowledge of customers, and design personalized and unique experiences for end-users. The Digital Data Factory was designed to be open and connected, meaning it can easily be enriched with third-party data solutions. Already deployed globally, the platform is aimed at any company seeking to consistently engage its prospects and customers, including online retailers, press and media outlets, banks and insurers, large retail chains, and more. More information at digital-datafactory.com/en About Ysance Created in 2005 by a team of IT experts, Ysance is a French leader in Cloud and Big Data consulting and the provider of an innovative first-party data management platform (DMP). It has 110 employees. Ysance supports its customers’ digital transformation by leading the design, implementation and operation of their bespoke Cloud platforms composed of best-of-breed solutions and technologies. Its activities are organized around seven core businesses: Marketing, Business Intelligence, Data Management, E-Commerce, CRM, Cloud Computing and Big Data. More information at Ysance.com and blog.ysance.com Twitter: @ysance About Creadev Creadev is a private equity firm created in 2002 and controlled by the Mulliez family, with offices in Paris and Shanghai. Today, Creadev accompanies ten businesses that together employ over 70,000 individuals worldwide. The company is widely recognized for its long-term commitments and meaningful investments. Creadev focuses its investments on people and ideas that advance human development and address the major issues facing our societies: health & wellness, professional training, sustainable development, customer relations – especially where these take shape in the digital world. For more information, please visit: Creadev.fr/en and Creadev-lelab.fr

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Ysance snags Series A funds from Creadev

Denham Capital invests in Jenner Renewables

Denham Capital has made an undisclosed investment in Jenner Renewables. Based in Madrid, Jenner Renewables is a power producer focused on developing renewable infrastructure assets in Latin America. PRESS RELEASE LONDON–(BUSINESS WIRE)–Denham Capital, a leading global energy-focused private equity firm, announced today a partnership with Jenner Renewables. The Madrid-based independent power producer will develop, finance and construct renewable power generation assets globally. Initially, the company will focus on selected countries in Latin America, the Middle East and North Africa. “We are very excited to partner with Denham Capital, a firm that not only brings capital to our efforts but also provides a deep global industry network and a wealth of knowledge in the power sector,” said Jorge Calvet, the Founder and Chief Executive Officer of Jenner Renewables. “This partnership will allow us to begin developing wind, solar and small hydro projects in countries where we see a clear need for this type of power generation.” Prior to founding Jenner, Calvet served as the Chief Executive Officer of Gamesa, one of the largest wind developers and manufacturers in the world. Jenner’s senior leadership also includes former executives of Gamesa and other leading entities in the field of renewable energy. The team has collectively developed more than four gigawatts of wind and solar projects globally with an enterprise value of $4.5 billion. The investment bolsters the Denham Power team’s Latin American presence, joining Brazil’s Rio Energy, a renewables company which now has 54 megawatts of operational assets and more than 200 megawatts of assets in construction across the region. “This investment allows us to expand our reach in Latin America, a region where we see a big demand for power generation and an attractive opportunity for renewable power. At the same time, it creates a global platform that will allow us to execute in other geographies where wind can effectively compete with the current cost of power and provide an economic source of generation,” noted Scott Mackin, Managing Partner and Co-President at Denham Capital. “We are very happy to work with Jorge and the Jenner team. Their global experience and track record is outstanding, and I have no doubt their skills will allow us to execute successful investments and bring needed power generation capacity to Latin America and other places around the world.” About Jenner Renewables Jenner Renewables is an independent power producer focused on the development, financing, construction and divestment of renewable infrastructure assets across Latin America. Jenner is headquartered in Madrid, with a local presence and extensive network across Latin America. Jenner is managed by a team of industry veterans who average more than fifteen years of experience, having held the most senior positions at leading renewables companies. For more information about Jenner, please visit www.jenner-renewables.com. About Denham Capital Denham Capital is a leading energy and resources-focused global private equity firm with more than $7.9 billion of invested and committed capital across seven fund vehicles and offices in London, Boston, Houston, São Paulo and Perth. The firm makes direct investments in the energy and resources sectors, including businesses involving power generation, oil and gas, and mining, across the globe and all stages of the corporate lifecycle. Denham’s investment professionals apply deep operational and industry experience and work in partnership with management teams to achieve long-term investment objectives. For more information about Denham Capital, visit www.denhamcapital.com.

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Denham Capital invests in Jenner Renewables

Pure Storage IPO to price in $16-$18 per share range: Reuters

(Reuters) — Data storage company Pure Storage Inc said its initial public offering was expected to be priced in the range of $16-$18 per class A share, valuing the company at $3.33 billion at the top end of the range. The company is selling 25 mln shares in the IPO and expects to raise up to $450 million. Pure Storage makes flash-based storage devices, which are typically much faster than storage that runs on hard disk drives. It competes with larger, established rivals such as EMC Corp and NetApp Inc. Reuters exclusively reported in April that Pure storage was making preparations for an IPO.

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Pure Storage IPO to price in $16-$18 per share range: Reuters

Palatine Private Equity sells Playnation stake

Palatine Private Equity has sold its stake in Playnation to NOVOMATIC Group. Financial terms weren’t announced. Playnation is a UK supplier of amusement and entertainment machines. The sale represents a 2.5x return for Palatine, officials said. PRESS RELEASE Palatine Private Equity has exited Playnation, a leading UK supplier of amusement and entertainment machines, selling its stake to the NOVOMATIC Group, one of the largest integrated conglomerates of the international gaming industry. The Runcorn-based business, which currently employs over 700 staff, owns and operates 20,000 amusement and entertainment machines across over 1,700 sites in the UK. The firm partners with high profile names in the leisure sector across holiday parks, motorway services, bowling centres and airports, with clients including Bourne Leisure, Park Resorts, Parkdean, Moto, Welcome Break and Roadchef. The company was established in 2013, following a management buyout backed by Palatine Private Equity, and has since grown exponentially, recently securing an extension on its contract with MOTO, the UK’s largest provider of motorway service areas. The NOVOMATIC Group, founded in 1980, comprises affiliated companies in 50 countries and exports high-tech gaming equipment to more than 80 jurisdictions. The firm operates over 232,000 gaming machines across more than 1,500 group operations including casinos and betting shops, achieving a turnover of more than €3.8bn in 2014. In addition to its headquarters in Austria, the company has production facilities and research and development centres in Germany, Hungary, Poland, the Czech Republic and the UK. With its specialism in family entertainment machines, the acquisition of Playnation provides NOVOMATIC with an opportunity to break into new markets, and expand its offering to the consumer across the EU. Playnation will now have access to the enormous client base at NOVOMATIC’s disposal, and can capitalise on growth opportunities both in the UK and overseas. Beth Houghton, investment director at Palatine Private Equity, said: “Since our investment in Playnation we have seen the business achieve exceptional growth in the family entertainment sector, capitalising on the buoyant market conditions. With the business now at a point in its growth cycle where an international buyer can take it onto the next stage, NOVOMATIC is the perfect strategic partner to help achieve Playnation’s long-term objectives. I have enjoyed working with Adam and the management team and wish them all the success for the future.” Adam Hodges, CEO at Playnation, said: “Since building the business with Palatine in 2013, we have taken a firm hold of the sector and formed some strong partnerships across the UK with our clients. Having a private equity backer has given us the contacts and resources to develop a strong management team, and the potential for future growth is enormous. NOVOMATIC offers us a unique and exciting opportunity to break into new markets and establish the Playnation brand more widely in the coming years.” Clearwater International, led by managing partner Phil Burns and director Rob Burden, advised the Playnation shareholders on the deal. This is the second time that Clearwater has worked with the business, advising on the MBO in 2013. Gateley provided legal advice on the deal. ENDS

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Palatine Private Equity sells Playnation stake