Articles from Periscope Equity

Periscope Equity, a Chicago-based private equity firm, announced today that Mobile Solutions will return to market as an independent platform following the recent divestiture of brightfin's ServiceNow-native enterprise business. The firm has tapped Chebem Chukwu, a 15-year veteran of the mobile telecom industry, to serve as Chief Executive Officer and lead Mobile Solutions' renewed focus on mid-market mobility and telecom spend optimization.

Periscope Equity, a Chicago-based private equity firm, today announced the closing of Periscope Equity III, L.P. (“Fund III”). Fund III closed with aggregate commitments of $370 million, exceeding its target of $300 million in under 12 months from official launch. Fund III’s investor base comprises both new and returning limited partners, featuring a diverse mix of leading university endowments, pension funds, charitable foundations, consultants, funds-of-funds and family offices.

Periscope Equity, a Chicago-based private equity firm focused on control investments in technology-enabled service and software companies, announced today that its portfolio company, Sentrics, has hired Peter Bailey as Chief Executive Officer. A leading technology provider for senior living communities, Sentrics is dedicated to revolutionizing the future of senior living and acute care by delivering the only fully integrated suite of data-driven platforms that provide the insights and control to transform care from reactive to predictive. Periscope Equity launched Sentrics in August 2018.

Periscope Equity, a lower middle-market private equity firm focused on investments in technology-enabled business services, announced today that it has invested in CyberMaxx, LLC through a recapitalization in partnership with management.

Periscope Equity, a lower middle-market private equity firm focused on investments in technology-enabled service and software companies, announced today that it has added MAS Medical Staffing LLC (“MAS” or the “Company”) to its portfolio through a recapitalization in partnership with management. This is the first platform investment to be deployed from Periscope Equity II, L.P.

Periscope Equity announced today the launch of brightfin, a new company formed from recent acquisitions of MobiChord, Visage, and Mobile Solutions. brightfin provides a unified platform to manage mobile, telecom (fixed), and cloud expenses, offered natively through ServiceNow or as a SaaS solution.