Firm advises Darby Capital Partners on Series A Investment
Our Auckland based Corporate Advisory Team recently advised newly established private equity firm, Darby Capital Partners, on a Series A investment in Virsae, a high growth cloud services provider.
Virsae has experienced rapid growth since its launch in 2013, and has achieved seven-figure revenues from sales of the company’s flagship product, Virsae Service Management, which monitors unified communications systems (phones and messaging systems that run on IT networks).
The acquisition marks Darby Capital Partners' first foray into the Asia Pacific investment scene. Director Zak Darby describes his firm's strategy as being centred on high-growth technology companies, and providing “transformative capital” and business development.
The firm will seek to leverage its international investor base and network to help its investee businesses scale internationally. Its investors include Ric Kayne, the co-chairman and founder of Kayne Anderson Capital Advisors, a US$26 billion investment firm based in Los Angeles.
The Wynn Williams team was led by Ash Hill and Nick Kovacevich.
Read more about Virsae and Darby Capital Partners here.