Portfolio
Our companies
Siris portfolio companies, current and realized. Select a logo to visit the company's website.
Gigamon
Gigamon
Gigamon, Inc. is a leading provider of Network Visibility and Deep Observability solutions. Founded in 2004, Gigamon protects the world’s largest, most complex, and most secure organizations, serving more than 4,000 customers globally. Gigamon has been a long-standing leader in the network performance management market and is an early leader in deep observability solutions that help organizations secure and manage on-premises, virtual, container, and cloud infrastructure across complex networks with greater ease, efficiency, and effectiveness. Gigamon protects customers of all sizes, spanning the world’s top mobile network operators, healthcare providers, global banks, top U.S. federal agencies, and more than 80 Fortune 100 companies.
Investment Timeline
February 22, 2024
Gigamon Announces Significant Strategic Investment from Siris
Certain statements about Siris made by portfolio company executives herein are intended to illustrate Siris’ business relationship with such persons, including with respect to Siris’ abilities as a business partner, rather than Siris’ capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with such statements, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Siris-sponsored vehicles. Such compensation and investments subject such individuals to potential conflicts of interest in making the statements herein. Siris does not make any representation or warranty as to the accuracy or completeness of the information contained herein and it should not be assumed that investments made in the future will be comparable in quality of performance to the investments described herein.
BearCom
BearCom
BearCom is a leading integrator of physical security and critical communications solutions, providing enterprise and public sector customers with a single accountable partner. With more than 40 years of experience, BearCom delivers tailored, scalable, and enterprise-grade solutions across video surveillance, access control, intrusion detection, two-way radio, private wireless networks, and emergency notification systems. The company also provides engineered solutions and value-added technical services throughout the equipment lifecycle, from consultation and design through installation, rental, maintenance and ongoing support.
BearCom’s ~70 locations across the U.S., Canada, Mexico and Brazil serve customers across data centers, manufacturing, logistics, utilities, transportation, healthcare, education, construction, government and public safety end markets. BearCom is one of Motorola Solutions’ largest integrators worldwide and a top-ten partner of Axis Communications, LenelS2 and Milestone.
Investment Timeline
December 20, 2024
BearCom Announces Transformative Acquisition of Stone Security
April 10, 2024
BearCom Acquires The Surveillance Shop
January 9, 2024
Siris Completes Acquisition of BearCom
November 27, 2023
Certain statements about Siris made by portfolio company executives herein are intended to illustrate Siris’ business relationship with such persons, including with respect to Siris’ abilities as a business partner, rather than Siris’ capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with such statements, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Siris-sponsored vehicles. Such compensation and investments subject such individuals to potential conflicts of interest in making the statements herein. Siris does not make any representation or warranty as to the accuracy or completeness of the information contained herein and it should not be assumed that investments made in the future will be comparable in quality of performance to the investments described herein.
EQ
EQ
Equiniti is a leading provider of transfer agent, equity plan administration, corporate actions, proxy, and investor relations services to public and private companies. As the regulated system of record for nearly 3,000 of the world’s leading public companies, Equiniti is a mission-critical services partner to issuers as they navigate the technology transformations reshaping capital markets, from migrating shareholder records and equity administration onto modern platforms to the emergence of tokenized securities.
Siris acquired Equiniti in December 2021 and combined it with American Stock Transfer & Trust Company (AST), creating the second-largest transfer agent globally, serving approximately 30% of the S&P 500 and approximately 50% of the FTSE 100. Siris subsequently acquired Notified, adding complementary corporate and investor relations services to the platform.
In May 2026, Siris agreed to sell Equiniti to Bullish (NYSE: BLSH) in a transaction valued at $4.2 billion. Siris views tokenization as one of the most impactful trends for financial markets since electronic trading and believes Equiniti is best positioned under Bullish’s ownership, at the intersection of traditional financial infrastructure and digital assets. Upon closing of the transaction, Siris is expected to be Bullish’s largest shareholder and will have representation on Bullish’s Board of Directors.
Investment Timeline
December 14, 2021
Affiliates of Siris Capital Group complete the acquisition and combination of Equiniti and AST
Certain statements about Siris made by portfolio company executives herein are intended to illustrate Siris’ business relationship with such persons, including with respect to Siris’ abilities as a business partner, rather than Siris’ capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with such statements, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Siris-sponsored vehicles. Such compensation and investments subject such individuals to potential conflicts of interest in making the statements herein. Siris does not make any representation or warranty as to the accuracy or completeness of the information contained herein and it should not be assumed that investments made in the future will be comparable in quality of performance to the investments described herein.
Newfold Digital
Newfold Digital
Newfold Digital is a leading web technology company serving nearly seven million customers globally. Established in 2021 through the combination of leading web services providers Endurance Web Presence and Web.com Group, our portfolio of brands includes: Bluehost, CrazyDomains, HostGator, Network Solutions, Register.com, Web.com and many others. Newfold helps customers of all sizes build a digital presence that delivers results through hosting, domain registration, website building, and online marketing solutions. With extensive product offerings and personalized support, the company takes pride in collaborating with customers to serve their online presence needs.
Investment Timeline
June 21, 2018
October 11, 2018
Web.com Announces Completion of Acquisition by an Affiliate of Siris Capital Group, LLC
January 5, 2021
Clearlake to make Strategic Investment in Web.com
February 10, 2021
August 12, 2021
Clearlake and Siris-Backed Newfold Digital Acquires Yoast to Help Customers Get Found Online
March 9, 2022
Newfold Digital Agrees to Acquire Deluxe’s Australia Web Hosting Operations
March 18, 2022
Clearlake and Siris-Backed Newfold Digital Expands E-commerce Solutions with the Acquisition of YITH
September 12, 2022
Newfold Digital Signs Agreement to Acquire MarkMonitor from Clarivate
Certain statements about Siris made by portfolio company executives herein are intended to illustrate Siris’ business relationship with such persons, including with respect to Siris’ abilities as a business partner, rather than Siris’ capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with such statements, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Siris-sponsored vehicles. Such compensation and investments subject such individuals to potential conflicts of interest in making the statements herein. Siris does not make any representation or warranty as to the accuracy or completeness of the information contained herein and it should not be assumed that investments made in the future will be comparable in quality of performance to the investments described herein.
Constant Contact
Constant Contact
Under Siris ownership, Constant Contact provided a cloud-based marketing platform that enabled SMBs to create and track personalized marketing campaigns fueled by data-driven insights. A one-size-fits-all approach to marketing was ill-suited for today’s dynamic marketplaces, particularly as businesses expanded their digital footprints and transformed the ways they interacted with current and prospective customers. SMB marketers’ increasing reliance on highly personalized messaging delivered through digital channels resulted in Constant Contact’s solutions being more relevant than ever. The Company’s software solutions facilitated the creation and distribution of professional-quality marketing emails to customers with easy-to-use drag-and-drop templates to improve customer engagement and help them drive better top-line performance in their own businesses. The comprehensive digital platform supports and transforms the ways that SMBs used data to boost their marketing efforts.
Investment Timeline
February 10, 2021
June 22, 2021
Clearlake Capital and Siris-Backed Constant Contact Agrees to Acquire SharpSpring
September 1, 2021
Constant Contact Closes Acquisition of SharpSpring
January 10, 2022
Constant Contact Agrees to Acquire Vision6
April 7, 2022
Certain statements about Siris made by portfolio company executives herein are intended to illustrate Siris’ business relationship with such persons, including with respect to Siris’ abilities as a business partner, rather than Siris’ capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with such statements, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Siris-sponsored vehicles. Such compensation and investments subject such individuals to potential conflicts of interest in making the statements herein. Siris does not make any representation or warranty as to the accuracy or completeness of the information contained herein and it should not be assumed that investments made in the future will be comparable in quality of performance to the investments described herein.
TPx
TPx
Founded in 1998, TPx is a leading provider of UCaaS, Managed IT services and Managed Connectivity services, with approximately 25,000 customers with more than 50,000 customer locations across the U.S. TPx has best-in-class customer service embedded in its corporate DNA, offering guaranteed performance to all customers wherever there’s a broadband connection. TPx customers serve every business sector and include many government and not-for-profit enterprises.
Investment Timeline
August 19, 2019
Affiliates of Siris Enter into Agreement to Acquire TPx Communications
February 12, 2020
TPx Announces Completion of its Acquisition by Affiliates of Siris Capital Group, LLC
Certain statements about Siris made by portfolio company executives herein are intended to illustrate Siris’ business relationship with such persons, including with respect to Siris’ abilities as a business partner, rather than Siris’ capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with such statements, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Siris-sponsored vehicles. Such compensation and investments subject such individuals to potential conflicts of interest in making the statements herein. Siris does not make any representation or warranty as to the accuracy or completeness of the information contained herein and it should not be assumed that investments made in the future will be comparable in quality of performance to the investments described herein.
EFI
EFI
EFI is a global technology company, based in Silicon Valley, and is leading the worldwide transformation from analog to digital imaging. EFI is passionate about fueling customer success with products that increase competitiveness and boost productivity. To do that, EFI develops breakthrough technologies for the manufacturing of signage, packaging, textiles, ceramic tiles and personalized documents, with a wide range of printers, inks, digital front ends and a comprehensive business and production workflow suite that transforms and streamlines the entire production process.
Investment Timeline
April 15, 2019
July 23, 2019
June 8, 2022
EFI Advances Growth Strategy in High-value Digital Imaging with Inèdit Software Acquisition
July 5, 2022
Certain statements about Siris made by portfolio company executives herein are intended to illustrate Siris’ business relationship with such persons, including with respect to Siris’ abilities as a business partner, rather than Siris’ capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with such statements, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Siris-sponsored vehicles. Such compensation and investments subject such individuals to potential conflicts of interest in making the statements herein. Siris does not make any representation or warranty as to the accuracy or completeness of the information contained herein and it should not be assumed that investments made in the future will be comparable in quality of performance to the investments described herein.
Travelport
Travelport
Travelport is the technology company that makes the experience of buying and managing travel continually better for everyone. It operates a travel commerce platform providing distribution, technology, payment and other solutions for the global travel and tourism industry. The Company facilitates travel commerce by connecting the world’s leading travel providers with online and offline travel buyers in a proprietary business-to-business (B2B) travel platform. Travelport has a leadership position in airline merchandising, hotel content and distribution, car rental, mobile commerce and B2B payment solutions. The Company also provides critical IT services to airlines, such as shopping, ticketing, departure control and other solutions.
Investment Timeline
December 10, 2018
Travelport Worldwide Limited announces agreement to be acquired by affiliates of Siris Capital Group, LLC and Evergreen Coast Capital Corp. in all-cash transaction valued at approximately $4.4 billion
May 30, 2019
Travelport Worldwide Limited announces completion of acquisition by affiliates of Siris Capital Group, LLC and Evergreen Coast Capital Corp
Certain statements about Siris made by portfolio company executives herein are intended to illustrate Siris’ business relationship with such persons, including with respect to Siris’ abilities as a business partner, rather than Siris’ capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with such statements, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Siris-sponsored vehicles. Such compensation and investments subject such individuals to potential conflicts of interest in making the statements herein. Siris does not make any representation or warranty as to the accuracy or completeness of the information contained herein and it should not be assumed that investments made in the future will be comparable in quality of performance to the investments described herein.
Intralinks
Intralinks
Under Siris ownership, Intralinks was a leading financial technology provider for the global banking, deal making and capital markets communities. As pioneers of the virtual data room, its technology enabled and secured the flow of information, empowering customers to work more productively and with complete confidence. Intralinks facilitated strategic initiatives such as mergers and acquisitions, capital raising and investor reporting. Its solutions enhanced these activities by streamlining operations, reducing risk, improving client experiences and increasing visibility. The company earned the trust and business of more than 99 percent of the Fortune 1000 and executed over $34.7 trillion worth of financial transactions on its platform.
Investment Timeline
October 17, 2017
Affiliates of Siris Capital Group, LLC Enter into Agreements to Acquire Intralinks and Make Preferred Equity Investment in Synchronoss Technologies, Inc.
November 14, 2017
Affiliates of Siris Capital Group, LLC Complete Acquisition of Intralinks
November 16, 2018
November 16th, 2018: SS&C Completes Acquisition of Intralinks
Certain statements about Siris made by portfolio company executives herein are intended to illustrate Siris’ business relationship with such persons, including with respect to Siris’ abilities as a business partner, rather than Siris’ capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with such statements, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Siris-sponsored vehicles. Such compensation and investments subject such individuals to potential conflicts of interest in making the statements herein. Siris does not make any representation or warranty as to the accuracy or completeness of the information contained herein and it should not be assumed that investments made in the future will be comparable in quality of performance to the investments described herein.
Polycom
Polycom
Polycom is a leading global provider of open, standards-based UC solutions for voice and video communication and content sharing. More than 400,000 companies and institutions worldwide defy distance with secure video, voice and content solutions from Polycom to increase productivity, speed time to market, provide better customer service, expand education and save lives. Polycom and its global partner ecosystem provide flexible collaboration solutions for any environment that deliver the best user experience, the broadest multi-vendor interoperability and unmatched investment protection.
Investment Timeline
July 8, 2016
Siris Capital Group to Acquire Polycom, Inc. for $2.0 Billion in Cash
September 27, 2016
Siris Capital Group Completes the Acquisition of Polycom, Inc.
July 2, 2018
Plantronics Completes Acquisition of Polycom
Certain statements about Siris made by portfolio company executives herein are intended to illustrate Siris’ business relationship with such persons, including with respect to Siris’ abilities as a business partner, rather than Siris’ capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with such statements, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Siris-sponsored vehicles. Such compensation and investments subject such individuals to potential conflicts of interest in making the statements herein. Siris does not make any representation or warranty as to the accuracy or completeness of the information contained herein and it should not be assumed that investments made in the future will be comparable in quality of performance to the investments described herein.
Mavenir
Mavenir
As a trusted partner, Mavenir accelerates and redefines network transformation for service providers. By offering a comprehensive product portfolio across every layer of the network infrastructure stack — from 5G application/service layer to the RAN and packet core – Mavenir leads the way in evolved, cloud-proven networking solutions enabling innovative and secure new experiences for end users. Through its industry first VoLTE, VoWiFi, Advanced Messaging and Cloud RAN solutions, Mavenir’s platform enables service providers to successfully deliver tomorrow’s vision today and realize new revenue streams and operating efficiencies.
Investment Timeline
May 23, 2016
Siris Capital Announces the Acquisition of Xura, Inc. for Approximately $643 million
February 21, 2017
CLX Acquires Xura Secure Communications GmbH
February 28, 2017
July 31, 2017
April 21, 2021
Mavenir Announces $500 Million Private Placement with Koch Strategic Platforms
Certain statements about Siris made by portfolio company executives herein are intended to illustrate Siris’ business relationship with such persons, including with respect to Siris’ abilities as a business partner, rather than Siris’ capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with such statements, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Siris-sponsored vehicles. Such compensation and investments subject such individuals to potential conflicts of interest in making the statements herein. Siris does not make any representation or warranty as to the accuracy or completeness of the information contained herein and it should not be assumed that investments made in the future will be comparable in quality of performance to the investments described herein.
PGi
PGi
PGi is a leading dedicated provider of collaboration software and services serving over 50,000 businesses globally. Its portfolio of purpose-built applications is designed to meet the daily collaboration and communications needs of business professionals, with solutions for web, video and audio conferencing, smart calendar management, webcasting, project management and sales productivity.
Investment Timeline
September 10, 2015
Siris Capital agrees to acquire Premiere Global Services for approximately $1 billion
December 8, 2015
Siris Capital Group Completes the Acquisition of Premiere Global Services, Inc.
Certain statements about Siris made by portfolio company executives herein are intended to illustrate Siris’ business relationship with such persons, including with respect to Siris’ abilities as a business partner, rather than Siris’ capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with such statements, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Siris-sponsored vehicles. Such compensation and investments subject such individuals to potential conflicts of interest in making the statements herein. Siris does not make any representation or warranty as to the accuracy or completeness of the information contained herein and it should not be assumed that investments made in the future will be comparable in quality of performance to the investments described herein.
Digital River
Digital River
Digital River is a leading provider of e-commerce solutions. Companies of all sizes rely on Digital River’s multi-tenant SaaS commerce, payments and logistics services to manage and grow their online, direct-to-consumer businesses internationally.
Under Siris ownership, Digital River focused on its Enterprise Commerce and Payments offerings, divested non-core businesses and invested to grow the commerce- as-a-service offerings in both software and branded manufacturing verticals.
Investment Timeline
February 12, 2015
Siris Capital Group Completes the Acquisition of Digital River
September 30, 2015
Digital River Announces Divestiture of Beanstream Internet Commerce
December 8, 2015
Digital River Announces Divestiture of BlueHornet
July 17, 2017
Digital River Enters into Agreement to Divest World Payments Business
Certain statements about Siris made by portfolio company executives herein are intended to illustrate Siris’ business relationship with such persons, including with respect to Siris’ abilities as a business partner, rather than Siris’ capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with such statements, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Siris-sponsored vehicles. Such compensation and investments subject such individuals to potential conflicts of interest in making the statements herein. Siris does not make any representation or warranty as to the accuracy or completeness of the information contained herein and it should not be assumed that investments made in the future will be comparable in quality of performance to the investments described herein.
Pulse Secure
Pulse Secure
Pulse Secure is the leading provider of security solutions for the mobile enterprise. Pulse products allow businesses to protect corporate data on the network, in applications or on mobile devices by securely connecting any device, any application, anywhere. Over 20,000 enterprise customers across every industry vertical use Pulse Secure’s virtual private network (VPN), network access control (NAC) to enable seamless and secure access for mobile users.
Under Siris ownership, Siris recruited the leadership team and supported Pulse Secure in building the business infrastructure to operate as a standalone company. As a Siris company, Pulse Secure has maintained its leadership position in the SSL VPN market, invested in continued innovation and expanded its product offering to include integrated on-device security.
Investment Timeline
October 1, 2014
Siris Capital Group Completes the Acquisition of Juniper Networks’ Junos Pulse Business
October 1, 2014
Pulse Secure Acquires BYOD Security Specialist, MobileSpaces
September 28, 2020
Certain statements about Siris made by portfolio company executives herein are intended to illustrate Siris’ business relationship with such persons, including with respect to Siris’ abilities as a business partner, rather than Siris’ capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with such statements, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Siris-sponsored vehicles. Such compensation and investments subject such individuals to potential conflicts of interest in making the statements herein. Siris does not make any representation or warranty as to the accuracy or completeness of the information contained herein and it should not be assumed that investments made in the future will be comparable in quality of performance to the investments described herein.
Stratus Technologies
Stratus Technologies
Stratus Technologies is a leading provider of infrastructure based solutions that keep applications running continuously in todays always-on world. The company's solutions prevent downtime before it occurs and ensure uninterrupted performance of essential business operation.
Investment Timeline
April 28, 2014
Siris Capital Group Completes the Stratus Technologies
Certain statements about Siris made by portfolio company executives herein are intended to illustrate Siris’ business relationship with such persons, including with respect to Siris’ abilities as a business partner, rather than Siris’ capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with such statements, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Siris-sponsored vehicles. Such compensation and investments subject such individuals to potential conflicts of interest in making the statements herein. Siris does not make any representation or warranty as to the accuracy or completeness of the information contained herein and it should not be assumed that investments made in the future will be comparable in quality of performance to the investments described herein.
TNS
TNS
Transaction Network Services (“TNS”) was a leading global provider of specialized data communications and interoperability solutions. TNS’ global secure network and innovative value-added services enabled transactions and the exchange of information among many of the world’s leading retailers, banks, payment processors, financial institutions and telecommunication firms.
Under Siris ownership, TNS successfully navigated a number of technology shifts across the payments, telecom, and financial services verticals, while maintaining a 99% customer retention rate and serving thousands of enterprise and telecom operator customers worldwide. TNS also refocused its core offerings, shed non-core assets, and positioned the business for growth.
Investment Timeline
February 15, 2013
Siris Capital Group completes the acquisition of TNS for approximately $862 million
November 6, 2014
Mastercard to acquire TNS’ payment gateway business
September 9, 2015
Neustar to acquire caller authentication assets of TNS
January 11, 2016
April 14, 2021
June 1, 2021
Koch Equity Development Completes Acquisition of Transaction Network Services
Certain statements about Siris made by portfolio company executives herein are intended to illustrate Siris’ business relationship with such persons, including with respect to Siris’ abilities as a business partner, rather than Siris’ capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with such statements, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Siris-sponsored vehicles. Such compensation and investments subject such individuals to potential conflicts of interest in making the statements herein. Siris does not make any representation or warranty as to the accuracy or completeness of the information contained herein and it should not be assumed that investments made in the future will be comparable in quality of performance to the investments described herein.
Tekelec
Tekelec
Tekelec is a leading provider of signaling and session control systems and software to both wireless and wireline carriers as well as cable network operators. The company provides products that largely comprise the signaling and control network, which parallels the traffic bearing network, and controls call and data routing for over 300 customers in over 100 countries, including nine out of ten of the world’s largest mobile carriers.
Under Siris ownership, Tekelec maintained its market leadership in SS7 signaling, while it rapidly grew the Diameter Signaling Router business, and won core network deployments in 32 of the 37 global carriers rolling out 4G/LTE at the time.
Investment Timeline
January 27, 2012
Siris Capital Group Completes the Acquisition of Tekelec
June 10, 2013
Siris Capital Group Completes Sale of Tekelec to Oracle
Certain statements about Siris made by portfolio company executives herein are intended to illustrate Siris’ business relationship with such persons, including with respect to Siris’ abilities as a business partner, rather than Siris’ capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with such statements, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Siris-sponsored vehicles. Such compensation and investments subject such individuals to potential conflicts of interest in making the statements herein. Siris does not make any representation or warranty as to the accuracy or completeness of the information contained herein and it should not be assumed that investments made in the future will be comparable in quality of performance to the investments described herein.
Airvana
Airvana
Airvana is the leading independent provider of mission critical network infrastructure products used by CDMA / EV-DO wireless operators, predominantly in North America, to enable mobile broadband services.
Under Siris ownership, Airvana maintained its leading market share and experienced significant growth in its core EV-DO mobile data software solutions and CDMA femtocell products.
Note: Transaction completed on behalf of Siris predecessor.
Investment Timeline
April 9, 2010
Acquisition of Airvana is Completed
September 5, 2013
Sale of Airvana’s Core EV-DO Software Division to Ericsson
October 1, 2015
Sale of Airvana’s Venture Femtocell Division to CommScope
Certain statements about Siris made by portfolio company executives herein are intended to illustrate Siris’ business relationship with such persons, including with respect to Siris’ abilities as a business partner, rather than Siris’ capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with such statements, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Siris-sponsored vehicles. Such compensation and investments subject such individuals to potential conflicts of interest in making the statements herein. Siris does not make any representation or warranty as to the accuracy or completeness of the information contained herein and it should not be assumed that investments made in the future will be comparable in quality of performance to the investments described herein.
MModal
MModal
Under Siris ownership, MModal was the leading provider of integrated clinical documentation solutions for the U.S. healthcare system, and the largest provider by revenue of clinical documentation based on physicians’ dictation of patient interaction in the United States. The company served more than 2,400 hospitals, clinics, and physician practices throughout the U.S., including 40% of hospitals with more than 500 licensed beds.
Prior to exit, MModal completed three acquisitions to strengthen its position as the largest provider of U.S. clinical documentation solutions and also repositioned itself for growth by entering the Speech and Natural Language Understanding solutions market.
Investment Timeline
August 6, 2008
Acquisitions of MedQuist and CBaySystems are Completed
April 15, 2010
MedQuist Completes the Acquisition of Spheris
February 18, 2011
MedQuist Completes Exchange Offer and Consolidated Ownership of MedQuist and CBaySystems on the NASDAQ
July 12, 2011
MedQuist Completes the Acquisition of MModal, and Rebrands the Company to MModal
August 19, 2012
Sale of MModal to One Equity Partners
Certain statements about Siris made by portfolio company executives herein are intended to illustrate Siris’ business relationship with such persons, including with respect to Siris’ abilities as a business partner, rather than Siris’ capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with such statements, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Siris-sponsored vehicles. Such compensation and investments subject such individuals to potential conflicts of interest in making the statements herein. Siris does not make any representation or warranty as to the accuracy or completeness of the information contained herein and it should not be assumed that investments made in the future will be comparable in quality of performance to the investments described herein.