NEW YORK, Sept. 16, 2020 /PRNewswire/ — Data companies and software program business veterans Mason Slaine, Jay Nadler, and Karl Jaeger right this moment introduced the launch of MLM II, an data companies and software program platform, in partnership with Warburg Pincus, a number one world personal fairness agency centered on progress investing.
MLM II will deal with partnering with data, software program, and technology-enabled companies firms with a long-term view to worth creation. As a part of the launch, administration and funds affiliated with Warburg Pincus have dedicated to fund as much as $1 billion of fairness to pursue investments.
Mason Slaine, Jay Nadler, and Karl Jaeger have collectively over 90 years of expertise main firms in data companies, software program, and tech-enabled companies throughout a wide range of industries together with training, power, mental property, fintech, and life sciences. They performed key roles in Warburg Pincus’ investments in Data Holdings, Interactive Knowledge Company, IPAN GMBH, iParadigms (now Turnitin), MLM Data Providers, Reorg Analysis, RS Vitality Group, and Wall Road Techniques. They’ve additionally served and proceed to function board members and co-investors in lots of Warburg Pincus’ present and former portfolio firms.
Mason Slaine, Co-Founder and Govt Chairman, stated, “MLM II is designed to capitalize on present market dynamics and purchase engaging companies. With backing from Warburg Pincus, we’re well-positioned to spend money on and develop sizable companies the place the most recent know-how and a pointy deal with buyer wants can unlock additional worth.”
Jay Nadler, Co-Founder and CEO, stated, “We’re thrilled on the prospect of constructing MLM II and persevering with the success story we have had beforehand with Warburg Pincus. This funding will permit us to create a powerful platform with companies that present distinctive buyer options. We’re excited to accomplice with Warburg Pincus given their profitable monitor report of backing administration groups in constructing and rising nice companies.”
Karl Jaeger, Co-Founder and CFO, stated, “Warburg Pincus is a world-class personal fairness agency with vital expertise serving to firms develop into profitable companies of scale. As we purchase, optimize, and scale companies, we’ll leverage Warburg Pincus’ sturdy world investing expertise in addition to our personal private experiences which have confirmed to achieve success in our prior ventures.”
“We’re extremely excited and proud to reunite the ‘Dream Group’. Mason, Jay, and Karl have lengthy, constant, glorious, and just about unparalleled monitor information of main and rising world companies within the data companies and software program industries,” stated Chandler Joel Reedy, Managing Director liable for late stage know-how investing at Warburg Pincus. “We have now identified the crew for over 20 years and are honored that they selected to accomplice with us once more to construct one other profitable scale platform.”
Mr. Slaine has a long time of expertise in data, software program and technology-enabled companies, serving as Founder, CEO, and Chairman of quite a few firms globally. He’s at the moment the Chairman of Solid & Crew, a supplier of payroll, accounting and workflow options to the leisure business. From 2010 to 2015, Mr. Slaine was Govt Chairman of Interactive Knowledge Company, which was acquired in December 2015 by Intercontinental Trade. He was additionally Chairman of MLM Data Providers, which he based in 2005 with Warburg Pincus. Previous to this position, Mr. Slaine was Chairman and CEO of Data Holdings, which he based in 1996 with Warburg Pincus.
From 1994 to 1996, he was President and CEO of Thomson Monetary (now Refinitiv, however previously a division of Thomson Company previous to the merger between Thomson and Reuters) and held numerous positions at Thomson Monetary from 1991 to 1994. From 1987 to 1991, he was Chairman and CEO of Securities Knowledge Corp., till its acquisition by Thomson Monetary. From 1982 to 1986, Mr. Slaine was President and CEO of Funding Sellers’ Digest till its acquisition by Extel Monetary (a predecessor to Interactive Knowledge).
Mr. Nadler has a long time of expertise in data, software program, and technology-enabled companies, serving in quite a few senior govt, advisor, and board roles. He’s at the moment a Senior Advisor to Warburg Pincus, Lead Unbiased Director of Sagent Lending Applied sciences, and Advisor to SCM Insurance coverage Providers. He most just lately served as CEO of Clarivate Analytics, a world chief in insights and analytics, the place he led the corporate via its carveout from Thomson Reuters and into the general public market in 2019.
Previous to Clarivate, Mr. Nadler served as Chief Working Officer of Interactive Knowledge Company (2010 to 2015), a monetary market information supplier, and President of MLM Data Providers (2005 to 2010), a software program and companies supplier to the company tax market created from a number of acquisitions. He additionally beforehand served in numerous senior govt roles at Data Holdings and Thomson Monetary (now Refinitiv), and advisory or Board roles at iParadigms (now Turnitin), RS Vitality Group, and SNL Monetary.
Mr. Jaeger has a long time of expertise in data, software program, and technology-enabled companies, primarily within the fintech business. He’s at the moment serving because the CFO of Artivest, a know-how platform offering entry to alternate options investments to monetary advisors. Previous to Artivest, he was CFO of Strategic Perception, a supplier of knowledge, enterprise intelligence, and data companies to asset managers. Whereas at Strategic Perception, he accomplished the acquisitions and integrations of BrightScope, Market Metrics, and Matrix Options. Mr. Jaeger was beforehand CFO of Fundtech, which delivers world funds options to banks, and CFO and Chief Working Officer of Wall Road Techniques. Earlier in his profession, he spent 14 years with Thomson Monetary (now Refinitiv), the place he final served as Senior Vice President of Finance and Enterprise Improvement.
About Warburg Pincus
Warburg Pincus LLC is a number one world personal fairness agency centered on progress investing. The agency has greater than $53 billion in personal fairness property below administration. The agency’s lively portfolio of greater than 185 firms is extremely diversified by stage, sector, and geography. Warburg Pincus is an skilled accomplice to administration groups in search of to construct sturdy firms with sustainable worth. Based in 1966, Warburg Pincus has raised 19 personal fairness funds, which have invested greater than $84 billion in over 900 firms in additional than 40 international locations. The agency is headquartered in New York with places of work in Amsterdam, Beijing, Berlin, Hong Kong, Houston, London, Luxembourg, Mumbai, Mauritius, San Francisco, São Paulo, Shanghai, and Singapore. For extra data please go to www.warburgpincus.com.
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