Winshuttle Holdings, LLC (Winshuttle), the leading SAP-centric robotic process automation and data management platform provider, announced today that it has been acquired by Symphony Technology Group (STG) based in Palo Alto, CA. STG is a strategic private equity firm with $2 billion in assets under management focused on transforming high-potential companies into definitive market leaders. The firm’s long-term outlook allows its portfolio of software, data, and analytics companies to develop innovative product offerings that will appeal to high-growth markets.
“This is an exciting step for Winshuttle that will allow us to leverage the tremendous expertise of STG to accelerate and scale our offering in the application data management space,” said John Pierson, CEO of Winshuttle. “This partnership will allow us to deepen and broaden the value we deliver to our very satisfied customer base comprised of many of the world’s largest brands.”
Winshuttle is a leading provider of data automation and data process management software for the enterprise, typically in SAP environments. The company offers software that improves data accuracy and maximizes the productivity of business users who interface directly with SAP (e.g., Finance, HR, Supply Chain, IT) by automating workflows and data movement. Winshuttle has a total global headcount of approximately 300 people with headquarters in Bothell, Washington, offices in North America, UK, France, Germany, and India, and remote employees around the world.
“Winshuttle is an established leader in the data management and robotic process automation industry with an excellent track record of providing innovative solutions that serve the needs of more than 1,800 of the world’s largest corporations,” said William Chisholm, STG Managing Partner. “We are thrilled to partner with John and the Winshuttle team to help accelerate the growth of the company’s next generation of application data management solutions. We look forward to embarking together on the journey ahead.”
Spurrier Capital Partners acted as financial advisor to Winshuttle and Paul Hastings LLP acted as legal advisor to STG for this transaction.