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New Deal


Announced

Silver Lake-backed ServiceMax acquired Zinc.

Financials

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Capital Bid For100%
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Tags

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Acquisition

communications software

Private

Private Equity

United States

Software

Synopsis

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Silver Lake-backed ServiceMax, the global leader in Service Execution Management, offering cloud-based software that improves the productivity of complex, equipment-centric service execution, acquired Zinc, a San Francisco-based company that sells a mobile messaging application for businesses. Financial terms were not disclosed. “ServiceMax’s history of bold innovation has been transforming field service organizations for well over a decade,” said Stacey Epstein, CEO of Zinc. “The perfect combination of Zinc’s modern, real-time communication with ServiceMax’s cutting edge and comprehensive suite will be unparalleled in the market, and I am thrilled to continue to help companies realize the promise of complete Service Execution Management.”

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