served as the exclusive financial advisor to Logicworks on this transaction. The fund is based in Boston, Massachusetts. based private equity fund focused on growth equity and control investments in the technology, media, and telecommunications sectors. Logicworks is Pamplona's second investment from its new $1 billion, U.S. Battistoni has joined the company's Board of Directors. 'Our new partnership with Pamplona allows Logicworks to make critical investments in innovation and scale, with the aim of helping customers across all phases of the cloud adoption lifecycle move faster and execute more effectively.' Pursuant to Pamplona's investment, Mr. 'Companies across the globe have an insatiable desire to innovate faster by leveraging cloud technologies, but the talent and tooling required to make this happen is scarce and costly,' said Logicworks' President and CEO Kenneth Ziegler.
#Logicworks net code#
Customer engagements typically include upfront assessment of technical, operational, and economic impacts of cloud adoption, and proceed through to fully managed infrastructure and CI/CD integration for automated code deployment pipelines. Maintaining many healthcare, financial services and commerce customers, the Logicworks platform rigidly enforces enterprise IT compliance, cost management, and security.
#Logicworks net software#
We're thrilled to partner with the talented Logicworks management team to grow the business, scale their operations, and pursue this amazing market opportunity.' Logicworks has deployed hundreds of cloud automation engagements for customers throughout the world, leveraging its automated software platform to make sense of and deliver business benefit from the extraordinary array of public cloud services now available. 'Having spoken to many of their customers, it's clear that Logicworks addresses a highly valued and urgent need- namely to automate and optimize public cloud deployments for compliant workloads.' Added Battistoni, 'And Logicworks has posted some of the strongest SaaS metrics we've ever seen across revenue growth, customer retention, and customer acquisition cost. 'Logicworks has built an unmatched public cloud automation and management platform, serving a market projected to be one of the fastest growing segments in global IT,' said Darren Battistoni, Partner, Pamplona Capital Management. Seaport Capital will be selling its shares in Logicworks as part of the transaction. One of the most highly credentialed Amazon Web Services (AWS) Premier Partners in the world, the company intends to invest this money in expanding its proprietary software platform, scaling its operations, entering international markets, and pursuing targeted strategic acquisitions. This investment follows a three year CAGR exceeding 90% for its cloud automation software business.
Overall, the employees at Logicworks are happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.Logicworks, a leading cloud automation and managed services provider, today announced that Pamplona Capital, together with Logicworks' management team and existing shareholders, has invested $135 million in the company.
About 100% of the employees at Logicworks work 8 hours or less. Most Participants believe the pace of work at Logicworks is comfortably fast. The majority of employees at Logicworks believe the environment at Logicworks is positive. The majority believe the meetings at Logicworks are effective, and the majority look forward to interacting with their coworkers.
5 Participants grade the quality of their coworkers a B. Overall, employees at Logicworks are pleased with their team. This includes specific ratings of their executive team, CEO, and manager.Įmployees at Logicworks are pleased with their total compensation at Logicworks, which includes a combination of pay, stock and equity, and benefits. Overall, the 5 Logicworks employees give their leadership a grade of B, or Top 30% of similar size companies on Comparably. 5 employees at Logicworks have reviewed Logicworks across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work.
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