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DLA Piper advises SalesLoft in its US$100 million Series E financing

DLA Piper represented Atlanta-based start-up SalesLoft in its recent US$100 million Series E financing led by Owl Rock Capital, with participation from Insight Partners, HarbourVest, and Emergence.

SalesLoft’s sales engagement platform helps industry-leading companies generate more revenue and deliver better experiences to their customers. DLA Piper also advised SalesLoft in its US$70 million Series D round in 2019. The company has now raised a total of US$245 million and is valued at US$1.1 billion.

“We were proud to again partner with SalesLoft in its latest financing round, bringing our wide-ranging experience advising high-growth technology companies on complex transactions to achieve a successful result. We look forward to supporting SalesLoft in its success as it expands its customer base and continues to transform the sales industry,” said Jeffrey Leavitt, the DLA Piper partner who led the firm’s deal team.

“Working with Jeff and the DLA Piper team has been a phenomenal experience. The team provides an exceptional level of support and guidance, and their attention to detail and professionalism ensured that closing this financing round was a smooth and efficient process,” said Kyle Porter, CEO of SalesLoft.

“DLA Piper brings a business-oriented approach to every matter they take on, and Jeff’s background as a former VC and entrepreneur himself gives him a unique ability to understand and prioritise the business issues we care about. The firm’s focus and responsiveness was a key factor in helping us secure this funding and move our goals forward. We were extremely pleased to partner with them once again,” said Chad Gold, CFO of SalesLoft.

In addition to Leavitt (Atlanta), the DLA Piper team advising SalesLoft included partners Stacy Paz (Silicon Valley), Julia Kovacs and Jennifer Kashatus (both of Washington, DC); and associates Puja Vadodaria and Mario Bolaños (both of Atlanta).

DLA Piper’s Emerging Growth and Venture Capital practice includes more than 200 lawyers in the US who provide strategic counsel to emerging companies in high-growth industries, including biotech, manufacturing, communications, software and semiconductors. Over the last three years, DLA Piper has completed more than 2,100 financings totalling over US$31 billion.

DLA Piper’s global Technology sector lawyers work across practice areas and offices to support technology clients – from start-ups to fast-growing and mid-market businesses to mature global enterprises – doing business around the world.

Mindtree Wins 2019 ISG Star of Excellence Award™

Mindtree, a global technology services and digital transformation company, has been named the winner of the 2019 ISG Star of Excellence Award™, the industry’s first and only recognition program that ranks providers on the quality of their services based on direct feedback from enterprise clients.

Mindtree achieved the highest cumulative client experience score for the quality of its core technology services. In addition to this global award, Mindtree also ranked second in the Emerging Tech category, was recognised as the regional winner in North America and Asia Pacific, as well as for achieving the top score for its application development and maintenance (ADM) services.

“The most powerful assessment of Mindtree’s effectiveness as a strategic partner comes directly from our clients, and that’s what makes the ISG Star of Excellence recognition special and gratifying,” said Debashis Chatterjee, MD & CEO of Mindtree. “Mindtree is delivering technology solutions that are clearly driving business impact for clients. This recognition speaks directly to our client-centric approach to innovation, technology and end-user collaboration.”

Mindtree’s overall key strengths cited by customers include:

  • People and Collaboration – Mindtree demonstrates a broad and niche understanding of business that enables them to work seamlessly with suppliers in the ecosystem and be proactive in identifying and solving issues. Responsiveness, capability of personnel and organisational culture alignment were also core factors.
  • Innovating and Execution – Mindtree leverages broad experience to provide value beyond scope and solve business challenges through innovation. Mindtree successfully executes on innovation ideas, delivers on expectations and provides continuous improvement support.
  • Customer Loyalty – Mindtree ranked highest in customer loyalty driven by the large proportion of participants (63%) considered loyal enthusiasts who will keep buying and referring others.
  • Strategic Partners – More than half of participants viewed their relationship with Mindtree as strategic in nature, as either a Business Partner (33%) or trusted Technology Advisor (29%).

“ISG is delighted to name Mindtree the overall winner of the 2019 ISG Star of Excellence Award for core technology services,” said Andrea Murray, partner, ISG Performex™, the firm’s user experience and business relationship research service. “This independently verified recognition is well earned and reinforces Mindtree’s position among the top echelon of providers in the $100-billion-plus global sourcing industry.”

Through its ‘Voice of the Customer’ study, ISG surveyed more than 1,400 enterprise customers to obtain their feedback on providers’ service quality. The enterprise respondents all have direct exposure to providers and represent a broad cross section of industries, company sizes, geographies and areas of responsibility.

Respondents were asked to provide their feedback across eight broad categories of service quality: collaboration, execution, governance, teams and innovation (for core technology providers), and incubation, enablement and acceleration (for emerging technology providers).

Survey responses were scored mathematically, without interpretation by ISG, to determine the winners.

BDO expands product development Advisory Services in Life Sciences

BDO USA, LLP, one of the nation’s leading professional services organisations, today announced the acquisition of BioProcess Technology Consultants, Inc. (BPTC), a provider of chemistry, manufacturing and controls (CMC) consulting services to the global biopharmaceutical industry. The acquisition of BPTC bolsters BDO’s capabilities in the life sciences industry within the biopharmaceutical product development space and is effective as of April 1, 2019.

“We are pleased to welcome BPTC’s knowledge and resources to enhance our focus in the life sciences industry and deepen our biopharmaceutical product development offerings,” said Eric Jia-Sobota, national leader of BDO’s Industry Specialty Services and Life Sciences practices. “Joining forces with BPTC strengthens our ability to assist life sciences companies in managing risk, maximising profitability and fostering continued innovation to unlock new value and deliver improved outcomes.”

Founded in 1994, BPTC was a biologics CMC consulting firm, providing a full range of technical, regulatory and strategic assistance related to the development and commercialisation of biopharmaceutical products. BPTC assisted clients in developing manufacturing processes and strategies that enhanced the overall value of their products, while de-risking product development.

Howard L. Levine, Ph.D., BPTC founder, president and CEO will become managing director and national leader of the Bioprocess Technology Group within BDO’s Life Sciences practice.

“Since our inception, we’ve worked with companies to advance and de-risk the biotherapeutic development process, address unmet medical needs and increase patient access to novel medicines,” said Levine. “We’re excited to join BDO’s Life Sciences practice to support clients across the entire product development and company lifecycles.”

The professionals of BPTC who have joined BDO’s Life Sciences practice are headquartered in BDO’s Boston office at One International Place and based in locations throughout the country.

BDO Facts:

  • Over the past six years, BDO USA’s cumulative growth rate has far outpaced all other major U.S. accounting firms, with revenues more than doubling from $618 million in 2012 to $1.47 billion in 2018. During that time, BDO entered 24 new U.S. cities and expanded its critical mass in 13 existing markets.
  • BDO represents companies ranging from closely-held private businesses to leading non-profits to Fortune 500 multinationals.
  • BDO USA has industry practices specialised in serving businesses in the construction, energy, financial institutions, asset management, government contracting, healthcare, insurance, life sciences, manufacturing, non-profit, private equity, real estate, restaurant, retail and technology sectors.
  • BDO has been named a Best Company by Working Mother Magazine for eight consecutive years and been recognised with the When Work Works Award for Business Excellence in Workplace Flexibility for nine consecutive years.
  • BDO has more than 60 offices and over 650 independent alliance firm locations around the country.
  • BDO USA has been serving clients for more than 100 years since its founding in 1910 (as Seidman & Seidman).
  • As an independent member of BDO International Limited, the firm can leverage the resources of more than 80,000 people in 1,591 offices across 162 countries.

Firm Overview

BDO is the brand name for BDO USA, LLP, a U.S. professional services firm providing assurance, tax, and advisory services to a wide range of publicly traded and privately held companies. For more than 100 years, BDO has provided quality service through the active involvement of experienced and committed professionals. The firm serves clients through more than 60 offices and over 650 independent alliance firm locations nationwide. As an independent Member Firm of BDO International Limited, BDO serves multi-national clients through a global network of more than 80,000 people working out of 1,591 offices across 162 countries.

BDO USA, LLP, a Delaware limited liability partnership, is the U.S. member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. BDO is the brand name for the BDO network and for each of the BDO Member Firms. For more information please visit https://www.bdo.com/

Elite Big 4 boutique seeking Audit and Advisory manager

This firm offers the quality and benefits of a large firm in a smaller environment where there is more opportunity to use your initiative and gain responsibility early on.

They provide wide-ranging work experience in fields including investigation litigation support, business planning, financial modelling, tax planning, audit and general business advice. You will have the opportunity to deal with everything from an entrepreneur just setting up a business, to a large established company.

Clients include high street names, AIM-listed companies, film distributors, retailers and travel firms. They also specialise in working with hedge fund managers regulated by the FCA.

Job Description

You will take responsibility for developing a wide ranging portfolio, building and driving excellent client relationships, delivering a quality service. You will manage the team and look to support and develop junior individuals. Alongside this you will have a development focus to your role, looking to identify opportunities for planning/further services etc. The firm is growing and planning for future developments and therefore the business is seeking individuals, who are career focused and looking to progress in level and responsibility. You will have genuine opportunity progress and develop in your career within this leading firm.

The Successful Applicant

  • ACA qualified accountant or equivalent
  • Currently working as an Audit Manager or Senior Manager
  • Intellectually ambitious
  • Aspirations to develop and one day achieve partnership
  • Curious and keen to offer clients a range of creative solutions
  • Focus on excellence in all you do
  • Enjoy building client relationships
  • Professional, friendly and supportive in approach

What’s On Offer

  • Company support, professional growth and partner prospects
  • £60,000 – £80,000 salary
  • Opportunity to study CTA (+ other qualifications)
  • Genuine work life balance
  • Opportunity to work with and learn from high quality senior advisers

Contact: Lorraine Twist
Quote job ref: 13915109
Telephone: +44 207 269 2244

Qatar Stock Exchange launches IR Excellence Program

Qatar Stock Exchange (QSE), in collaboration with Iridium Investor Relations, has informed that it has launched the fourth annual Investor Relations (IR) Excellence Program, which aims to help listed companies in Qatar further improve investor relations best practices. Since its inception in 2015 as the first recognition program of its kind in the GCC, the IR Excellence Program rewards companies and their leaders for their investor relations achievements. Mr. Rashid Bin Ali Al-Mansoori, Chief Executive Officer of Qatar Stock Exchange said:

“It has never been more important for listed companies to engage in a meaningful dialogue with existing and prospective shareowners that fosters truth and trust. During a time when risks can arise from all angles, it is critical to keep the investment community informed through professional investor relations activities – both locally and internationally. The QSE IR Excellence Program has been created to recognise the best organisations and leaders in Qatar who excel at creating a clear picture about their listed company’s strategic, financial and operational developments, and adhere to the highest standards of transparency and disclosure.”

A public voting system and a thorough IR website ranking of all listed companies will be conducted from mid-November to end-December 2018. Both retail and professional members of the investment community will be eligible to vote for the best investor relations efforts by the companies. Iridium Investor Relations, an independent IR advisory specialist, will manage the distribution of emails and questionnaires to a database of over 2,000 regional and international investor on behalf of QSE. The firm will also be responsible for ranking the company’s websites.

Since the program launch in 2015, the IR Excellence Program methodology has been made publicly available to the market every year in advance of the review process. To ensure the credibility of the award, the IR Excellence Program cannot be sponsored.

Qatar National Bank received recognition as the best Qatari firm for IR Excellence in February 2018. The best small (Al Meera), mid (Vodafone) and large cap (Qatar National Bank) companies, as well as the best Chief Financial Officer (Mr. Ramzi Marri of QNB), the best Investor Relations Officer (Mr. Andreas Goldau of Ooredoo) and the best corporate IR website (Ooredoo) in the country, were also recognised.

Mr. Abdul Aziz Al Emadi, Director of Listing Department at QSE, added:

“During the first three years of the IR Excellence Program, the QSE focused on creating awareness for the importance of the investor relations function. As a result, a growing number of companies has made improvements to their investor relations efforts. We are now committed to helping more companies adopt international best practice investor relations standards. Building on the momentum that we have created to date, our goal is to take investor relations in Qatar to the next level.”

For more information about the annual Investor Relations (IR) Excellence Progam, please visit: https://www.qe.com.qa/