With $20.5 billion in financial commitments, global technology investor Silver Lake concluded Silver Lake Partners VII.
Investors
- Public and corporate pension funds,
- sovereign wealth funds
- insurance companies
- endowments
- foundations
- funds of funds
- family offices
- prominent figures in the technology sector
- private investors from the Americas, Asia-Pacific, and Europe
Silver Lake makes investments in companies that are technology-enabled in a variety of vertical markets, such as sports and live events, media and entertainment, e-commerce, financial services, and healthcare. Over $1 trillion in total enterprise value is represented by the firms in Silver Lake’s portfolio.
In terms of investments, the company closed a $2.6 billion public tender offer to acquire Software AG and spearheaded three other ground-breaking deals in the last year: a $6.4 billion equity reinvestment with DigitalBridge in Vantage Data Centers throughout North America and EMEA; the takeover of Qualtrics at an equity value of $12.5 billion; and an agreement to take Endeavor private at an equity value of $13 billion and a consolidated enterprise value of $25 billion.
About Silver Lake
With a staff of experts located in North America, Europe, and Asia with $102 billion in total assets under management and committed capital, it is a multinational technology investment corporation led by Co-Chief Executive Officers Egon Durban and Greg Mondre. Together, the businesses in its portfolio bring in around $258 billion in sales a year and employ about 517,000 people worldwide.
With the record-breaking sale of Silver Lake portfolio firm VMware to Broadcom as the centerpiece, dividends to Silver Lake’s investors, including expected profits based on portfolio company transaction agreements signed to date, would total almost $20 billion since the beginning of 2023.
Christian Lucas, a Managing Director and co-leader of the company’s operations in Europe, was recently made a Managing Partner, the firm also stated. Jim Whitehurst has rejoined Silver Lake as a Managing Director, overseeing operating and investment team efforts. Prior to being appointed Interim CEO at Unity, Whitehurst was a Senior Advisor to Silver Lake.