Diversis Capital Further Invests in Tempo Software and Its Momentum by Acquiring Remaining Stake from Minority Holder Origo hf
Summary
Diversis initially acquired a majority interest in Tempo from Origo in 2018.Tempo has been the number one time management solution in the Atlassian ecosystem for over a decade. With the acquisitions of Roadmunk and ALM Works, creators of Structure for Jira, Tempos suite of products are positioned to deliver the most comprehensive program and portfolio management offering to the market. Tempo was named Atlassian Partner of the Year for Enterprise App Services in recognition of solutions that provide the security, reliability and scalability that support enterprise implementations of agile at scale and IT Service Management (ITSM).Ron Nayot, Managing Partner of Diversis Capital, said, "Diversis initially invested in Tempo four years ago because we believed in the growth potential of an organization that was delivering high value to its customers and the Atlassian Ecosystem. Im grateful for Origos support and excited about the additional investment by Diversis to accelerate the next phase of Tempos growth and product innovation. With a collaborative approach to investing, its Operating Partners and Strategic Advisors work alongside management teams to help build successful organizations positioned for long-term growth.
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