PE-backed IT companies growing faster, thanks to costs control, ops shifts, say experts

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Private Equity-backed IT service providers are accelerating their growth rates at a faster clip compared to public-market funded firms, data shows, backed by better cost control and operational shifts.

Data from consulting firm Zinnov shows that across 70 enterprise software firms with above $1 billion in revenue currently, PE-backed platforms grew at a compounded rate of 49% during the $100 million to $500 million scaling phase. This outpaces the 40% growth in venture capital-backed firms and the 38% growth of public-market-funded peers in the same…



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PE-backed IT companies growing faster, thanks to costs control, ops shifts, say experts


Private Equity-backed IT service providers are accelerating their growth rates at a faster clip compared to public-market funded firms, data shows, backed by better cost control and operational shifts.

Data from consulting firm Zinnov shows that across 70 enterprise software firms with above $1 billion in revenue currently, PE-backed platforms grew at a compounded rate of 49% during the $100 million to $500 million scaling phase. This outpaces the 40% growth in venture capital-backed firms and the 38% growth of public-market-funded peers in the same…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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