Turn/River Capital, an investor specializing in software growth acceleration, has made a strategic investment in Paessler AG, a Nuremberg-based provider of IT and OT monitoring solutions. Turn/River Capital, known for their proprietary growth engineering method, aims to leverage their data-driven techniques, operational support, and capital flexibility to propel Paessler AG to the next phase of growth. Joanne Yuan, Partner at Turn/River Capital, highlighted Paessler’s innovative and driven nature as key reasons for the investment. Helmut Binder, CEO of Paessler AG, emphasized the anticipated gains in market expansion and operational efficiency the partnership promises. The move aims to significantly enhance Paessler AG’s global reach and product development, positioning it for further growth and value delivery to customers.
Private Equity, Information Technology, Software,United States, Germany
https://www.orrick.com/en/News/2024/05/IT-and-OT-Monitoring-Turn-River-Capital-Makes-Strategic-Investment-in-Paessler-AG