Scaled Agile Announces Strategic Investment From Eurazeo to Support Global Expansion and Product Development
PR93104
BOULDER, Colo., Nov. 17, 2021 /PRNewswire=KYODO JBN/ --
-- Partnership to power expanded capabilities, product offerings, and
geographic reach for the world's leading framework for business agility
Scaled Agile, Inc., provider of SAFe(R), today announced it has partnered with
Eurazeo (
), one of Europe's leading private equity companies. Eurazeo and its partners
will hold a majority stake alongside existing investors Leeds Equity Partners
and the Scaled Agile team.
The Scaled Agile management team will remain in their roles, with CEO Chris
James (
) and co-founder Dean Leffingwell (
) also serving on the board of directors.
With a diversified portfolio of (EUR)27 billion in Assets Under Management,
Eurazeo is a growth investor with a global footprint focused on mid-market
investments in a broad range of sectors from life sciences and digital health
to fintech, cloud infrastructure, and clean energy.
"Eurazeo is the ideal partner for our next phase of strategic growth," said
Chris James, CEO, Scaled Agile, Inc. "Their investment will go far in
supporting our international market expansion across the Global 2000 and help
us provide our customers with the best tools, technology, and training they
need to support SAFe day-to-day practices. We will also be making substantial
investments in new product innovations that will fully equip our customers to
work differently, empower their workforce, and achieve significant improvements
in time-to-market, productivity, employee engagement, and customer
satisfaction."
As an increasing number of companies turn to SAFe to accelerate their digital
transformations, SAFe has evolved from a framework of proven practices to a
robust ecosystem that includes over 500 global partners, one million
SAFe-trained professionals, and platforms for learning, practicing, and
sharing. This one-of-a-kind offering provides enterprises with the means to
make SAFe practices stick, ensure their effectiveness, and build work cultures
that are flexible and adaptable.
Recent customer stories from Porsche (
), CVS Health (
), Deutsche Telekom (
), and Kaiser-Permanente (
) describe why they chose SAFe, why it matters to their business, and how it
impacts their customers. Over 70 customer stories representing a wide range of
industries can be found at scaledagile.com/customer-stories (
).
Vivianne Akriche, Eurozeo's managing director, mid-large buyout, added, "The
Scaled Agile team has built a market-leading offering and we see an exciting
opportunity to continue to accelerate its growth and bring SAFe(R) to more
enterprises worldwide. Business agility is a critical element to enabling
digital transformation, which has become essential for sustained success for
many companies. We are thrilled to join Scaled Agile's journey in enabling
global enterprises in their business transformation."
About Eurazeo:
Eurazeo is a leading global investment group, with a diversified portfolio of
(EUR)27 billion in Assets Under Management, including €19 billion from third
parties, invested in over 450 companies. With its considerable private equity,
real estate and private debt expertise, Eurazeo accompanies companies of all
sizes, supporting their development through the commitment of its 350
professionals and by offering deep sector expertise, a gateway to global
markets, and a responsible and stable foothold for transformational growth. Its
solid institutional and family shareholder base, robust financial structure
free of structural debt, and flexible investment horizon enable Eurazeo to
support its companies over the long term.
About Scaled Agile, Inc.:
Scaled Agile, Inc., is the provider of SAFe(R), the world's leading framework
for business agility. Through learning and certification, a global partner
network, and a growing community of over one million trained professionals,
Scaled Agile helps enterprises build agility into their culture so they can
quickly identify and deliver customer value, capitalize on emerging
opportunities, and improve business outcomes. Learn more at scaledagile.com.
Scaled Agile is a contributing member of the Pledge 1% corporate philanthropy
and community service movement. Learn more at www.scaledagile.com.
SOURCE: Scaled Agile, Inc.
CONTACT: Scaled Agile, Inc. Media Contact: Regina Cleveland, Director of
Communications, regina.cleveland@scaledagile.com
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