Persistent announces its global hub in Texas 

Persistent Systems declared the launch of its newly founded Private Equity (PE) Value Creation Hub in Plano, Texas. The hub will aid to strengthen the onshore footprint presence in the evolving PE market by giving expertise across the full asset lifecycle for international PE firms and their portfolio companies.

As per the reports of the Dallas Business Journal, the Dallas-fort Worth area has received significant recognition as the third largest market for PE firms in the United States, trailing only New York and Chicago. In response to this thriving landscape, the establishment of the latest Persistent Center aims to support PE firms in accelerating value creation for their portfolio companies. Likewise, Acting as a valuable resource, the center offers comprehensive playbooks for secure corporate carve-outs, rapid globalization strategies, cost rationalization initiatives, and expedited product acceleration. With these resources at their disposal, PE firms can effectively leverage top-line growth and efficiency-driven levers to drive success across their portfolio companies.

Persistent has relationships with many of the world’s leading PE firms and has thousands of technologists; delivering value to portfolio companies across technology, healthcare, banking, financial services, and communications segments. Consequently, the Company’s services are tailored to meet the unique needs of each client. Moreover, they are well aligned with their value-creation objectives.

James Markarian, Chief Technology Officer, Marlin Equity Partners:

“With the rapidly growing and competitive environment, Private Equity firms need to redefine their growth levers. Furthermore, They must continue to focus on new avenues to quickly create value from their investments. Persistent’s PE Value Creation Hub will certainly be a game changer. It brings together PE firms, portfolio companies, and ecosystem partners to drive transformative business outcomes.”

Punit Kulkarni, Global Private Equity Leader, Persistent:

“We are excited to open our Value Creation Hub and develop our onshore abilities. With this, we will better serve our private equity clients across the globe. The maturity of our playbooks and amazing talent will help position Persistent as a prime value-creation partner; right from acquisition to divestiture. Likewise, Our services and solutions for product and technology assets are supported by our bespoke partner ecosystem. It allows us to deliver value at both scale and speed.”