Symphony Technology Group

Symphony Technology Group is an American private equity firm based in Palo Alto, California.[1] Its Managing Partner is Bill Chisholm, who cofounded the firm in 2002.

Symphony Technology Group
TypePrivate company
HeadquartersPalo Alto, California, U.S.[1]
Websitewww.stgpartners.com

Investments

The company has investments in the following companies:[2]

  • Connexity (formerly Shopzilla)
  • Erecruit (formerly Bond International Software / TempBuddy / Erecruit)[3]
  • Evidera
  • FireEye Products
  • Symphony Talent
  • Jobrapido
  • AFS Technologies
  • First Advantage
  • IBS
  • ImpactRX
  • IRI (formerly SymphonyIRI)
  • McAfee Enterprise
  • MSC Software
  • Dodge Data & Analytics
  • Poplicus
  • Sigma^3
  • Source Healthcare Analytics
  • SUMMIT Software Inc.
  • Symphony RetailAI, containing the business units Symphony EYC and Symphony GOLD (from the acquisition of Aldata and EYC)
  • Symphony Advanced Media
  • Winshuttle
  • RSA Security

Acquisitions

Symphony acquired McGraw-Hill Construction from McGraw-Hill Financial for US$320 million on September 22, 2014. [4] The acquisition includes Engineering News-Record, Architectural Record, Dodge and Sweet's.[5] McGraw-Hill Construction has been renamed Dodge Data & Analytics.[6]

Dell Technologies nears deal to sell RSA Security business to private-equity firm STG in an all-cash transaction for $2.075 billion on February 17, 2020.

March 2021: McAfee announces the sale of enterprise business activities to Symphony Technology Group for $4 billion.

June 2, 2021: FireEye announces the sale of key software technologies to Symphony for $1.2 billion, while retaining services business under the Mandiant name. FireEye bought Mandiant for around the same price.[7]

Divestments

References
  1. "Company Overview of Symphony Technology Group". Bloomberg Businessweek. Retrieved 2013-04-24.
  2. "Portfolio". Symphony Technology Group. Retrieved 2021-06-03.
  3. "Erecruit™, Bond International Software and TempBuddy Combine Under the Erecruit Name Bringing Together the Industry's Most Complete Global Staffing Solutions". Cision PR Newswire. 2018-01-16.
  4. Staley, Eddie (September 22, 2014). "McGraw Hill Financial To Sell McGraw Hill Construction To Symphony Technology Group For $320M In Cash". Benzinga. Retrieved April 30, 2015.
  5. McGraw Hill Sells ENR and Construction Group to Equity Investor
  6. Maidenberg, Micah (December 14, 2014). "Best year since 2008 for construction industry". Crain's Chicago Business. Dodge Data & Analytics, a data provider formerly known as McGraw-Hill Construction
  7. "FireEye Announces Sale of FireEye Products Business to Symphony Technology Group for $1.2 Billion". FireEye. 2021-06-02.
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