OMERS Private Equity backs spin out of Sysomos from Marketwired
Sysomos has separated from Marketwired Inc, a portfolio company of OMERS Private Equity. Going forward, Sysomos will operate as an independent business led by former Microsoft Corp executive Lindsay Sparks as its CEO. With the support of OMERS Private Equity, it plans to accelerate growth by expanding the company's global team, releasing new product innovations, and making major investments in research. Founded in 2007, the Toronto-based Sysomos is a provider of social media analytics and monitoring. It has grown its revenue more than 1500 percent since the company was acquired by Marketwired in 2010, Sysomos said. OMERS Private Equity is an investment arm of the Ontario Municipal Employees Retirement System.
10 February 2015•3 mins read
