Congratulations to Thomas H. Lee Partners (THL) for their investment in inriver – and congratulations to Verdane for continuing their journey with inriver.

It has been a pleasure working with Gazal Sikand, Jeff Swenson, Jesse Searby,Tabish Valliani, Rohan Angle, Ben Y., Sarah Spotts, MBA, Cliff Longley and the entire THL team assisting them with this strategic growth investment.

I appreciate the trust they placed in me and my experience and industry relationships as we together with the in-river executive leadership team, investors, bankers, Boston Consulting Group (BCG) and other advisors to agree on this investment.

Congratulations to CEO Thomas Zanzinger and Chairman Jorgen Smidt on leading the business to this successful outcome. And special congratulation to Johan Boström and his co-founding team with Johan Billgren, Fredrik Gustavsson, and Roland Persson who started inriver back in 2004. And lastly to Pål Malmros from Verdane.

As a Dane with Swedish roots, it has been a pleasure to follow the company and see what passion, friendship, hard work, humble confidence and dedication from all the people in the organization, partner network, and customer community combined with the right owners can achieve together.

I’m happy to have been part of helping THL with this growth investment that will enable inriver to double down on their vision, strategy, and ambitious goals.

Congratulations to you all.