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Latest news from Catalyst

Weave Selects Roy Banks as New CEO

Created: December 1, 2020

Catalyst portfolio company Weave, the complete business toolbox for service-based businesses and one of the fastest-growing companies in tech, named Roy Banks as its new Chief Executive Officer. Weave is growing rapidly and has been included the last two years on the Forbes Cloud 100, a ranking of the top 100 private cloud companies in the world. Also named to the Forbes 2020 Next Billion-Dollar Startups list and to the 2020 Inc. 5000 list of the most successful companies in America, the tech leader from Utah is expanding quickly and counts approximately 20,000 small and medium-sized businesses (SMBs) as customers.

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The Lancer Group Announces The First Annual “Top 25 Women In PE-Backed Software Companies”

Created: November 19, 2020

The Lancer Group, an executive search firm for private equity-backed software companies, named Kate Eberle Walker, CEO of Catalyst portfolio company PresenceLearning, to its inaugural “Top 25 Women in PE-Backed Software Companies” list. The list highlights the accomplishments of successful executives leading high–performing and fast–growing organizations. Honorees were nominated by The Lancer Group’s network of private equity partners, board members, and executives as some of the most talented leaders driving value creation in private equity-backed software companies.

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American Tower Announces Agreement to Acquire InSite Wireless Group

Created: November 5, 2020

American Tower Corporation (NYSE: AMT) entered into a definitive agreement to acquire Catalyst portfolio company InSite Wireless Group, LLC (“InSite”), which owns, operates and manages approximately 3,000 communications sites, primarily in the U.S. and Canada. The portfolio includes more than 1,400 owned towers in the U.S., over 200 owned towers in Canada and approximately 70 distributed antenna system (“DAS”) networks in the U.S. In addition, InSite controls more than 600 land parcels under communications sites as well as approximately 400 rooftop sites.

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BrightFarms Secures $100 Million Series E Round of Funding to Expand High-Tech Indoor Farming Across the U.S.

Created: October 20, 2020

BrightFarms has secured more than $100 million in debt and new equity capital to support robust expansion plans. The Series E round of funding was led by Cox Enterprises, which now owns a majority stake in the company, and includes a follow-on investment from growth equity firm Catalyst Investors. BrightFarms will use the funds to invest in its current farms and retail programs and expand its network of regional indoor farms across the U.S.

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Fusion Risk Management Appoints Experienced Executive as New Chief Operating Officer

Created: October 5, 2020

Catalyst portfolio company Fusion Risk Management, Inc., a leading provider of business continuity and risk management software and services, appointed Judith Tigner as Chief Operating Officer. Tigner joins Fusion’s Executive Leadership Team and will oversee delivery, support, and strategic consulting functions, with a key focus on driving business growth and enhancing the overall client experience for Fusion’s rapidly expanding global client base.

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PresenceLearning Partners with the Council of Administrators of Special Education

Created: October 1, 2020

Catalyst-backed PresenceLearning, the leading provider of live online special education related services for K-12 schools, partnered with the Council of Administrators of Special Education (CASE). PresenceLearning will support the professional development of CASE members by providing access to its clinical experts and influential partners, as well as offering exclusive webinars, presentations, and other programming.