{"id":26337,"date":"2024-05-03T13:23:00","date_gmt":"2024-05-03T13:23:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4404973_AE04973_0"},"modified":"2024-05-03T13:23:00","modified_gmt":"2024-05-03T13:23:00","slug":"eqt-to-acquire-wso2-a-leading-global-provider-of-digital-transformation-technologies","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=26337","title":{"rendered":"EQT to acquire WSO2, a leading global provider of digital transformation technologies"},"content":{"rendered":"\n<ul type=\"disc\">\n<li>WSO2 is a leading provider of application development and identity and access management software to enterprises globally, with over 80% of revenue coming from blue-chip customers in the Americas and EMEA<\/li>\n<li>WSO2&#8217;s technology enables thousands of enterprises, including the world&#8217;s largest corporations, universities, and governments, to drive their digital transformation evolution rapidly, efficiently, and more securely<\/li>\n<li>Drawing on its extensive experience of supporting global software businesses, EQT will support WSO2&#8217;s management team in the next phase of their growth journey<\/li>\n<\/ul>\n<p><span class=\"xn-location\">STOCKHOLM<\/span>, <span class=\"xn-chron\">May 3, 2024<\/span> \/PRNewswire\/ &#8212; EQT is pleased to announce that BPEA Fund VIII (&quot;EQT Private Capital Asia&quot;) has agreed to acquire WSO2 (the &quot;Company&quot;) from existing shareholders. WSO2 is a leading provider of application development and identity and access management software to enterprise companies globally, with over 80% of revenue coming from blue-chip customers in the Americas and EMEA. Financial details of the transaction have not been disclosed.<\/p>\n<p>WSO2 was founded in <span class=\"xn-location\">Asia<\/span> and has established a global footprint, enabling thousands of enterprises, including the world&#8217;s largest corporations, universities, and governments, to drive their digital transformation rapidly, efficiently, and more securely. WSO2 does this through a comprehensive portfolio of offerings spanning Application Programming Interface (&quot;API&quot;) Management, API Integration, and Identity and Access Management (&quot;IAM&quot;).<\/p>\n<p>Both the API Management and Integration as well as IAM markets are witnessing significant tailwinds, driven by long-term trends such as the transition to hybrid and multi-cloud workloads, rising API volumes, accelerated adoption of Generative AI, and increasing sophistication of cyberattacks. WSO2 is well-positioned to capitalize on this robust market growth on the back of their strong product suite and entrenched customer relationships.<\/p>\n<p>EQT Private Capital Asia will support WSO2&#8217;s next phase of accelerated growth and innovation, drawing on EQT&#8217;s deep experience in the software space, global network of industry experts and dedicated digital value-creation team. WSO2 joins EQT&#8217;s extensive global portfolio of enterprise software companies that already includes firms such as Billtrust, IFS, SUSE, Storable, and Waystar.<\/p>\n<p><span class=\"xn-person\">Hari Gopalakrishnan<\/span>, Partner in the EQT Private Capital Asia advisory team, said: &quot;Software is a key focus sector for EQT, and WSO2 is a strong company that has scaled globally with an enterprise customer base spread across the US and <span class=\"xn-location\">Europe<\/span>. We are excited to partner with WSO2 and believe that the Company is well-positioned to capitalize on long-term trends such as digital transformation and rising GenAI adoption. We are confident of drawing on EQT&#8217;s proven software value creation playbook to further accelerate WSO2&#8217;s growth momentum.&quot;<\/p>\n<p>&quot;We are thrilled to partner with EQT as we embark on the next phase of WSO2&#8217;s journey,&quot; said Dr. Sanjiva Weerawarana, CEO and Founder of WSO2. &quot;With EQT&#8217;s support and expertise, we are well-positioned to accelerate our innovation agenda, expand our global footprint, and continue empowering enterprises to thrive in the digital economy.&quot;<\/p>\n<p>EQT Private Capital Asia was advised by Ropes &amp; Gray and Simpson Thacher &amp; Bartlett. The selling shareholders were advised by JP Morgan and Cooley.<\/p>\n<p>With this transaction, BPEA Private Equity Fund VIII is expected to be 45 &#8211; 50 percent invested (including closed and\/or signed investments, announced public offers, if applicable, and less any expected syndication). The transaction is expected to close in H2 2024.<\/p>\n<p><b>Contact<\/b><\/p>\n<p>EQT Press Office, <a href=\"mailto:press@eqtpartners.com\" target=\"_blank\" rel=\"nofollow noopener\">press@eqtpartners.com<\/a><\/p>\n<p>This information was brought to you by Cision <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4157705-1&amp;h=1423887982&amp;u=http%3A%2F%2Fnews.cision.com%2F&amp;a=http%3A%2F%2Fnews.cision.com\" target=\"_blank\" rel=\"nofollow noopener\">http:\/\/news.cision.com<\/a>.<\/p>\n<p><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4157705-1&amp;h=437055554&amp;u=https%3A%2F%2Fnews.cision.com%2Feqt%2Fr%2Feqt-to-acquire-wso2--a-leading-global-provider-of-digital-transformation-technologies%2Cc3973049&amp;a=https%3A%2F%2Fnews.cision.com%2Feqt%2Fr%2Feqt-to-acquire-wso2--a-leading-global-provider-of-digital-transformation-technologies%2Cc3973049\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/news.cision.com\/eqt\/r\/eqt-to-acquire-wso2&#8211;a-leading-global-provider-of-digital-transformation-technologies,c3973049<\/a><\/p>\n<p>The following files are available for download:<\/p>\n<div>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\">\n<tbody>\n<tr>\n<td class=\"prngen1\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4157705-1&amp;h=3164826390&amp;u=https%3A%2F%2Fmb.cision.com%2FMain%2F87%2F3973049%2F2777438.pdf&amp;a=https%3A%2F%2Fmb.cision.com%2FMain%2F87%2F3973049%2F2777438.pdf\" target=\"_blank\" class=\"prnews_a\" rel=\"nofollow noopener\">https:\/\/mb.cision.com\/Main\/87\/3973049\/2777438.pdf<\/a><\/span><\/p>\n<\/td>\n<td class=\"prngen1\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">PR_EQT to acquire WSO2_03.05.24<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen1\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4157705-1&amp;h=2333621312&amp;u=https%3A%2F%2Fnews.cision.com%2Feqt%2Fi%2Fwso2-image-for-eqt-pr%2Cc3296560&amp;a=https%3A%2F%2Fnews.cision.com%2Feqt%2Fi%2Fwso2-image-for-eqt-pr%2Cc3296560\" target=\"_blank\" class=\"prnews_a\" rel=\"nofollow noopener\">https:\/\/news.cision.com\/eqt\/i\/wso2-image-for-eqt-pr,c3296560<\/a><\/span><\/p>\n<\/td>\n<td class=\"prngen1\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">WSO2 image for EQT PR<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WSO2 is a leading provider of application development and identity and access management software to enterprises globally, with over 80% of revenue coming from blue-chip customers in the Americas and EMEA WSO2&#8217;s technology enables thousands of enterprises, including the world&#8217;s largest corporations, universities, and governments, to drive their digital transformation evolution rapidly, efficiently, and more [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-26337","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EQT to acquire WSO2, a leading global provider of digital transformation technologies - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=26337\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EQT to acquire WSO2, a leading global provider of digital transformation technologies - My Blog\" \/>\n<meta property=\"og:description\" content=\"WSO2 is a leading provider of application development and identity and access management software to enterprises globally, with over 80% of revenue coming from blue-chip customers in the Americas and EMEA WSO2&#8217;s technology enables thousands of enterprises, including the world&#8217;s largest corporations, universities, and governments, to drive their digital transformation evolution rapidly, efficiently, and more [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/transmediavictoria.net.au\/?p=26337\" \/>\n<meta property=\"og:site_name\" content=\"My Blog\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-03T13:23:00+00:00\" \/>\n<meta name=\"author\" content=\"admin_tony\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin_tony\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=26337#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=26337\"},\"author\":{\"name\":\"admin_tony\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#\\\/schema\\\/person\\\/5b51d407d652c0aa802bea269ea5d7e7\"},\"headline\":\"EQT to acquire WSO2, a leading global provider of digital transformation technologies\",\"datePublished\":\"2024-05-03T13:23:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=26337\"},\"wordCount\":615,\"articleSection\":[\"Business News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=26337\",\"url\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=26337\",\"name\":\"EQT to acquire WSO2, a leading global provider of digital transformation technologies - My Blog\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#website\"},\"datePublished\":\"2024-05-03T13:23:00+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#\\\/schema\\\/person\\\/5b51d407d652c0aa802bea269ea5d7e7\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=26337#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=26337\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=26337#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/transmediavictoria.net.au\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EQT to acquire WSO2, a leading global provider of digital transformation technologies\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#website\",\"url\":\"https:\\\/\\\/transmediavictoria.net.au\\\/\",\"name\":\"My Blog\",\"description\":\"My WordPress Blog\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#\\\/schema\\\/person\\\/5b51d407d652c0aa802bea269ea5d7e7\",\"name\":\"admin_tony\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g\",\"caption\":\"admin_tony\"},\"url\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?author=8\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"EQT to acquire WSO2, a leading global provider of digital transformation technologies - My Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/transmediavictoria.net.au\/?p=26337","og_locale":"en_US","og_type":"article","og_title":"EQT to acquire WSO2, a leading global provider of digital transformation technologies - My Blog","og_description":"WSO2 is a leading provider of application development and identity and access management software to enterprises globally, with over 80% of revenue coming from blue-chip customers in the Americas and EMEA WSO2&#8217;s technology enables thousands of enterprises, including the world&#8217;s largest corporations, universities, and governments, to drive their digital transformation evolution rapidly, efficiently, and more [&hellip;]","og_url":"https:\/\/transmediavictoria.net.au\/?p=26337","og_site_name":"My Blog","article_published_time":"2024-05-03T13:23:00+00:00","author":"admin_tony","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin_tony","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/transmediavictoria.net.au\/?p=26337#article","isPartOf":{"@id":"https:\/\/transmediavictoria.net.au\/?p=26337"},"author":{"name":"admin_tony","@id":"https:\/\/transmediavictoria.net.au\/#\/schema\/person\/5b51d407d652c0aa802bea269ea5d7e7"},"headline":"EQT to acquire WSO2, a leading global provider of digital transformation technologies","datePublished":"2024-05-03T13:23:00+00:00","mainEntityOfPage":{"@id":"https:\/\/transmediavictoria.net.au\/?p=26337"},"wordCount":615,"articleSection":["Business News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/transmediavictoria.net.au\/?p=26337","url":"https:\/\/transmediavictoria.net.au\/?p=26337","name":"EQT to acquire WSO2, a leading global provider of digital transformation technologies - My Blog","isPartOf":{"@id":"https:\/\/transmediavictoria.net.au\/#website"},"datePublished":"2024-05-03T13:23:00+00:00","author":{"@id":"https:\/\/transmediavictoria.net.au\/#\/schema\/person\/5b51d407d652c0aa802bea269ea5d7e7"},"breadcrumb":{"@id":"https:\/\/transmediavictoria.net.au\/?p=26337#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/transmediavictoria.net.au\/?p=26337"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/transmediavictoria.net.au\/?p=26337#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/transmediavictoria.net.au\/"},{"@type":"ListItem","position":2,"name":"EQT to acquire WSO2, a leading global provider of digital transformation technologies"}]},{"@type":"WebSite","@id":"https:\/\/transmediavictoria.net.au\/#website","url":"https:\/\/transmediavictoria.net.au\/","name":"My Blog","description":"My WordPress Blog","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/transmediavictoria.net.au\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/transmediavictoria.net.au\/#\/schema\/person\/5b51d407d652c0aa802bea269ea5d7e7","name":"admin_tony","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g","caption":"admin_tony"},"url":"https:\/\/transmediavictoria.net.au\/?author=8"}]}},"_links":{"self":[{"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/posts\/26337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26337"}],"version-history":[{"count":0,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/posts\/26337\/revisions"}],"wp:attachment":[{"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}