Goldman Sachs Invests in Information Builders (and You)
Today, we've announced an exciting development for Information Builders that speaks to the incredible value we’ve built as an organization at the forefront of business intelligence (BI), analytics, data integration, and data management innovation for more than 40 years. The Goldman Sachs Private Capital Investing group has made a growth equity investment in Information Builders!
It is with great pride that I share this news with you. This investment is not only an endorsement of what we’ve accomplished, but also of our customers’ (your) achievements. Every day, around the globe, customers are tapping into the power of Information Builders’ solutions to transform their businesses, by building organizational intelligence that improves customer service, drives revenue, and provides a competitive advantage.
With this minority investment, Goldman Sachs makes its entrance into the booming BI, analytics, and data management markets. The institutional investor was attracted to our “long history of market leadership and customer-focused solutions, as demonstrated by a very strong reputation.” Goldman Sachs is also impressed with the relationships that we’ve forged with you, our customers and partners, to whom our commitment has never been stronger.
We gain additional financial resources that will enable us to position the company for continued, long-term growth, and to serve you even better. We add bench strength that will enhance our ability to keep raising the industry bar for product innovation, BI and analytics adoption, customer service, time-to-value, cost of ownership, and so much more!
We also welcome a distinguished advisor to our board of directors, Michael McGinn, managing director at Goldman Sachs. There are no management changes planned at this time, and our dedicated team will continue to deliver the exceptional products, training, support, and strategic insights you’ve come to expect from Information Builders. We are excited about this strategic milestone, and what the future holds!