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Dear Clients and Friends,
2017 was an impressive 15th year in business for Polachi. We saw significant growth with our clients and continue to be proud to have assisted in building out their management teams. There were noteworthy exits through acquisitions with
Exa Corporation,
Veracode,
Black Duck Software,
Terrafugia,
Visual IQ,
Sevcon and
Trillium Software. We saw fund raisings at
NewStore,
TimeTrade,
Viral Gains and
OptiRTC and some very unusual searches - rocket thrusters for satellites with
Accion, flying cars at
Terrafugia, in addition to our standard fare of software, ecommerce, and more.
We're also proud to have recruited numerous Board of Director, CEO, CFO, CMO, CRO and VP roles. Our range of client mix spans $4 million to $12 billion in revenue and we covered searches from to San Diego to Boston. Plus, we added coverage in Asia Pacific with
Ethos BeathChapman joining our Access Search Partners team.
We would like to highlight some of the reasons we celebrate our success alongside a sampling of our clients:
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Exa Corporation (NASDAQ: EXA), was acquired by Dassault Systèmes (Paris: DSY) for approximately $400M.
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Veracode, was acquired by CA Technologies (NASDAQ: CA) for $614M.
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Black Duck Software has agreed to be acquired by Synopsys (NASDAQ: SNPS) for roughly $548M.
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Terrafugia was acquired by the Zhejiang Geely Holding Group.
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Visual IQ was acquired by Nielsen Business Media.
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Sevcon (NASDAQ: SEV), was acquired by BorgWarner for approximately $200M.
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Syncsort Incorporated completed the acquisition of Trillium Software from Harte Hanks, Inc. (NYSE: HHS).
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Relayware announced a merger with Zift Solutions in July.
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Newstore announced a series B $50M raise.
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TimeTrade announced a $6.3M series E raise.
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Viral Gains announced a $13.5M series B raise.
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OptiRTC raised $5.5M in equity funding.
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As we enter 2018, we want to wish our clients, past and present a Happy, Healthy and Prosperous New Year.
We look forward to having the opportunity to complete your next search and contribute to your company's success story.
Thank you,
The Polachi Access Executive Search Team
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Call (508) 650-1141 or email us
Even when you're Not Actively Looking, here's a new way to connect with Polachi.
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Polachi is the leading provider of Access Executive Search services to technology, private equity and venture capital clients. We are a founding member of Access Search Partners, the number one global technology search partnership with offices in the US, Canada, Europe, Australia, Singapore, Hong Kong and Japan. We recruit key executive leaders for companies such as: Aspen Technology (AZPN), Attunity (ATTU), Bottomline Technologies (EPAY), Cognex (CGNX), Cognizant Technologies (CTSH), Inseego (INSG), MAM Software (MAMS), Plug Power (PLUG), Progress Software Corporation (PRGS), Xeros Technology (XSG), Accion Systems, BlueConic, Charles River Development, Epsilon, Glytec Systems, NewStore, TimeTrade, Viral Gains, Visual IQ, Witricity, Zerto and many more.
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