life.kemptechnologies.comCorporate Development at Progress

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Search Site search GO Corporate Development Overview Acquisitions Ipswitch Chef Kemp Career @ Progress Contact us Contact the Corporate Development Team Email: Email: corporate-development@progress.com Phone: 1-800-477-6473 Corporate Development at Progress Driving growth and mutual value through strategic acquisitions. With a proven strategy, infrastructure and a determined commitment to close, learn what makes Progress an acquirer of choice. Proven. Committed. Ready to Close. The Progress Corporate Development team drives a disciplined Total Growth Strategy,” charged with doubling the size of the company every five years. To reach this goal, we have a dedicated group of business development professionals equipped with the strategy, infrastructure, people and processes to successfully acquire and integrate companies at scale. Each complementary technology we acquire strengthens our ability to deliver the best products to develop, deploy and manage the high-impact applications that run our technology-driven world. But more importantly, each furthers our commitment to continually address a broader set of customer needs. Yogesh Gupta Chief Executive Officer By growing Progress through M&A we’re not only able to expand our best-in-class product portfolio, better serve our customers and create shareholder value, but we get access to top talent, learning new ways of thinking, that has helped us evolve as a business. Jeremy Segal Executive Vice President, Corporate Development What Makes Progress an Acquirer of Choice? Progress is a global leader serving the entire infrastructure software ecosystem, giving companies a proven merger and acquisition (M&A) partner who works diligently—and quickly—to close deals. With Progress you can expect: High Certainty to Close Our acquisition model focuses on speed, efficiency and a high certainty-to-close. Our agility made possible by being well-capitalized and having deep executive involvement throughout the deal process. As an established, publicly traded company with more than 40 years of demonstrated successes, Progress has proven acquisition experience few can equal. Strong Customer Loyalty A deep infrastructure software product portfolio, unmatched expertise and a 20% annual reinvestment into R&D has earned Progress a loyal and global following of over 100,000 enterprise customers and 3.5 million developers. Explore What We Do Unwavering Employee Commitment Our high employee retention rate, commitment to personal development and ability to empower people to pursue their passions, drives innovation and fuels a thriving and award-winning corporate culture. More About Career @ Progress ”Progress has put a lot of work into what Chef started to formalize integrations and make them more robust and adaptable.” Brittany Woods, manager of server automation, H&R Block Why We Acquire: Our Total Growth Strategy Our three-pronged Total Growth Strategy is used to achieve strong and consistent company growth. Invest and Innovate Acquire and Integrate Drive Customer Success Our goal is to grow revenue, products and customers by acquiring strong infrastructure software companies that fill mission-critical customer needs around the globe. This means acquiring companies sharing our passion for driving innovation and customer success. With a proven ability to find synergistic cultures with those we acquire, our Total Growth Strategy accelerates company performance, fosters employee development and delivers sustained shareholder value. Criteria for Acquisitions: Finding the Right Fit By focusing on the right strategic fit and target criteria, we have proven that the post-close united whole can deliver greater revenue, innovation and marketplace potential than the sum of our individual parts. Staying true to our evaluation model ensures that each acquisition we make adds both scale and cash flow to Progress while securing the long-term viability for the companies and technologies we acquire. We look for companies that offer: Strong recurring revenue model Valued products with high retention and renewal rates Complementary technologies to our software infrastructure portfolio Strong alignment between company cultures and values Clear opportunity to leverage our proven operating model and infrastructure for efficiency gains Contact the Corporate Development Team Email: corporate-development@progress.com Phone: 1-800-477-6473 List of Recent Progress Acquisitions 2019 Ipswitch Products: WhatsUp Gold, MOVEit, WS_FTP Founded: 1991 Headquarters: Burlington, MA Market Served: Secure File Transfer; Network Management Customers: 24,000+ Revenue $75M 2020 Chef Products: Chef Enterprise Automation Stack, Chef Infra, Chef Compliance Founded: 2008 Headquarters: Seattle, WA Market Served: DevOps; DevSecOps Customers: 700+ Revenue $70M 2021 Kemp Products: Kemp Loadmaster, Flowmon Founded: 2000 Headquarters: Melville, NY Market Served: Load balancing; Network Performance Monitoring Customers: 1,000+ Revenue $70M 2023 MarkLogic Products: MarkLogic Data Platform, MarkLogic Server, Semaphore Founded: 2001 Headquarters: Redwood City, CA Market Served: Data and Analytics; Database Management Customers: 300+ Revenue $100M Related Resources Podcast Karen Williams discusses mastering post-merger integration with MergerWare Presentation M&A Process and Corporate Development Podcast Jeremy Segal discusses the blueprint for identifying acquisitions with MergerWare Press releases M&A Science interviews Jeremy Segal on building an M&A pipeline Blog Progress (PRGS) CEO On Company’s Growth Outlook Whitepaper First Conversation to LOI - Jeremy Segal Video How to drive value through M&A in 2023 Podcast How to Source Deals and Build Your Pipeline Contact the Corporate Development Team Email: corporate-development@progress.com Phone: 1-800-477-6473 Progress Copyright © 2024 Progress Software Corporation and/or its subsidiaries or affiliates. All Rights Reserved. Progress, Telerik, Ipswitch, Chef, Kemp, Flowmon, MarkLogic, Semaphore and certain product names used herein are trademarks or registered trademarks of Progress Software Corporation and/or one of its subsidiaries or affiliates in the U.S. and/or other countries. Any other trademarks contained herein are the property of their respective owners. See Trademarks for appropriate markings. Facebook Twitter Youtube Instagram Linkedin Terms of Use Privacy Center Security Center Trademarks License Agreements Code of Conduct Careers Offices Do Not Sell or Share My Personal Information Powered by Progress...