🎙️ Keeping a $200 million acquisition super simple with Paddle President and COO Jimmy Fitzgerald
We sat down with payments infrastructure provider for SaaS companies President and Chief Operating Officer Jimmy Fitzgerald to discuss the company's $200 million acquisition of business intelligence solutions provider ProfitWell
This past May London-based payments infrastructure provider Paddle secured $200 million in a Series D funding round led by Kohlberg Kravis Roberts & Co., perhaps better known as KKR.
No less than 15 days later, the company announced the purchase of US-based subscription metrics and retention automation startup Profitwell in a deal reportedly worth north of $200 million.
With today’s funding environment for startups getting tougher and tougher, we’ve seen a noted uptick in the number of mergers and acquisitions taking place in Europe. And we expect to see more.
Joining me today to discuss some key items to keep in mind when considering and negotiating an acquisition deal, I’m joined today by a man who’s seen both sides of the table when it comes to an acquisition, closing the Profitwell deal, but also as a Senior Director at Siebel Systems, a popular CRM that was acquired by Oracle back in 2005, Paddle President and COO Jimmy Fitzgerald.
No less than 15 days later, the company announced the purchase of US-based subscription metrics and retention automation startup Profitwell in a deal reportedly worth north of $200 million.
With today’s funding environment for startups getting tougher and tougher, we’ve seen a noted uptick in the number of mergers and acquisitions taking place in Europe. And we expect to see more.
Joining me today to discuss some key items to keep in mind when considering and negotiating an acquisition deal, I’m joined today by a man who’s seen both sides of the table when it comes to an acquisition, closing the Profitwell deal, but also as a Senior Director at Siebel Systems, a popular CRM that was acquired by Oracle back in 2005, Paddle President and COO Jimmy Fitzgerald.
Creators and Guests
Host
Dan Taylor
Managing Editor at Tech.eu | polymath | bass player | singletasker | whisky and whiskey drinker | dan@tech.eu
