Persistent Unveils New Global Hub in Texas for Private Equity Value Creation
Persistent Systems , a global Digital
Engineering leader, announced the launch of its newly established Private
Equity (PE) Value Creation Hub in Plano, Texas. The center will expand the
Company’s onshore footprint and strengthen its presence in the rapidly evolving
PE market by providing expertise across the full asset lifecycle for global PE
firms and their portfolio companies.
According to the Dallas Business Journal, Dallas-Fort Worth area
is the third-largest market for PE firms in the US after New York and
Chicago. This newest Persistent center will help PE firms to accelerate
both top line and efficiency centric value creation levers for their portfolio
companies. It will serve as a source of playbooks for secure corporate carve
out, rapid globalization, cost rationalization, and product acceleration.
Persistent has relationships with many of the world’s leading PE
firms and has thousands of technologists delivering value to portfolio
companies across technology, healthcare, banking, financial services, and
communications segments. The Company’s services are tailored to meet the unique
needs of each client and are well aligned to their value creation objectives.
James Markarian,
Chief Technology Officer, Marlin Equity Partners, said, “With the rapidly growing and competitive environment, Private
Equity firms need to redefine their growth levers and must continue to focus on
new avenues to quickly create value from their investments. Persistent’s PE
Value Creation Hub will certainly be a game changer as it brings together PE
firms, portfolio companies, and ecosystem partners to drive transformative
business outcomes.”
Punit Kulkarni,
Global Private Equity Leader, Persistent, said, “We
are excited to open our Value Creation Hub and expand our onshore capabilities
to better serve our private equity clients across the globe. The maturity of
our playbooks and exceptional talent will help position Persistent as a prime
value creation partner, right from acquisition to divestiture. Our services and
solutions for product and technology assets, backed by our bespoke partner
ecosystem, enable us to deliver value at both scale and speed.”
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