Protera Technologies Receives Growth Investment From Pamlico Capital
Summary
Founded in 1998, Protera has a differentiated combination of talent, expertise, and technology to deliver unparalleled service to its portfolio of global enterprise clients. Jennings and Brown will be valuable partners to Protera’s management team in scaling the business to meet the market’s rapidly growing demand for cloud services. “Protera has a tremendous opportunity to serve our clients as they migrate SAP and other enterprise workloads to the public cloud, and we are extremely well-positioned with the market’s leading team and technology platform,” said Dean Adamopoulos, CEO. Protera was one of the first companies to migrate SAP to the public cloud and is a leading expert in managing mission-critical applications across both Microsoft Azure and Amazon Web Services. Pamlico Capital seeks control-oriented growth equity investments of up to $150 million alongside founders and proven management teams in its target industries: business & technology services, communications, and healthcare.