Golden Gate Capital appoints Nann as operating exec

Golden Gate Capital has hired Bernhard Nann as an operating executive for its portfolio companies. Previously, Nann worked at Opera Solutions where he served as CEO.

PRESS RELEASE

SAN FRANCISCO, CA – January 11, 2016 – Golden Gate Capital today announced that Bernhard Nann has been retained to serve as an Operating Executive for Golden Gate Capital portfolio companies. Mr. Nann brings with him more than 25 years of experience in operations and executive leadership roles at software, data analytics and information services companies ranging from start-ups to Fortune 500 corporations. He will support current portfolio companies in Golden Gate Capital’s Software and Technology Services vertical and will assist in completing due diligence for new investment opportunities within the sector.

Rishi Chandna, Managing Director of Golden Gate Capital, commented, “We are pleased that Bernhard will now be working with Golden Gate Capital portfolio companies and believe his extensive expertise, particularly in software, data analytics and information services, and his deep sector relationships will bolster the firm’s ability to identify and capitalize on the numerous exciting opportunities we see in the space. Bernhard’s functional experience in technology operations and product management will also provide significant benefits to our existing and future portfolio companies.”

Mr. Nann added, “I am excited to work alongside Golden Gate Capital, one of the most active software and technology services investors in the world, to assist in creating value within the firm’s portfolio of software and technology companies. Golden Gate Capital’s significant financial strength and long-term strategic approach make them the ideal partner for companies across the software and technology services sectors, and I look forward to further building out the firm’s leadership position in this space.”

Most recently, Mr. Nann served as Chief Executive Officer of Opera Solutions, a global provider of scalable advanced big data analytics and data science solutions. While at Opera, Mr. Nann focused its strategy and materially improved its operations and profitability. Prior to joining Opera, Mr. Nann served as President, Operations and Technology and Chief Technology Officer for IRI, a leading provider of big data, predictive analytics and forward-looking insights for consumer packaged goods, over-the counter health care, retail and media companies, where he led a major transition to the next generation of enabling technology. Prior to IRI, Mr. Nann was Senior Vice President and Chief Technology Officer at Fair Isaac Corporation (FICO). Additionally, Mr. Nann was Founder and CEO of NAREX Inc., one of the first Software as a Service (SaaS) analytics firms, which was acquired by FICO in 2003. Earlier in his career, Mr. Nann served as Director, International Operations and Director General, Comcred S.A. at TRW Inc.

About Golden Gate Capital
Golden Gate Capital is a San Francisco-based private equity investment firm with over $15 billion of capital under management. The principals of Golden Gate Capital have a long and successful history of investing across a wide range of industries and transaction types, including going-privates, corporate divestitures, and recapitalizations, as well as debt and public equity investments. Notable software and technology services investments sponsored by Golden Gate Capital include Infor, BMC Software, Micro Focus, LiveVox, Green Street Advisors, Ex Libris, Clover Technologies Group and Williston Financial Group. For more information, visit www.goldengatecap.com.