Macquarie Capital, the corporate advisory, capital markets and principal investing arm of Macquarie Group, today announced that it has appointed Greg Ager as Managing Director in its Software and Services group.
In his new role, Mr. Ager will focus on providing advisory and capital raising services to software companies delivering supply chain management, manufacturing and enterprise resource planning (ERP) solutions. He will also bring Macquarie Capital’s principal investing capability – including both equity and private credit – to clients in the sector.
Mr. Ager was most recently Managing Director at DC Advisory in Washington, D.C., where he focused on the enterprise software and SaaS sectors, having joined the firm when it acquired Signal Hill, where he served as a partner and a member of the operating committee. Earlier, Mr. Ager held roles at Updata Advisors and Wachovia Securities, where he led East Coast software coverage. He also spent more than 10 years in San Francisco, at Thomas Weisel Partners, NationsBanc Montgomery and Morgan Stanley. Mr. Ager will report to Sam Shah, Co-Head of Macquarie Capital in the Americas and Global Head of Software and Services.
“Greg has multi-decade experience in the software sector, bringing extensive knowledge and expertise in the supply chain vertical. His experience with both financial sponsors and strategics will bring immense value to our clients,” said Mr. Shah. “We believe that innovative and transformative supply chain and manufacturing software firms will continue to seek capital and strategic transactions to accelerate growth and help them gain market share in industries that need to address supply chain vulnerabilities and further digitize their manufacturing processes. Greg brings tremendous expertise to support Macquarie Capital’s deep conviction in this space.”
Mr. Ager’s appointment reinforces Macquarie Capital’s commitment to investing in talent with in-depth knowledge of compelling verticals to drive growth across the firm’s advisory, capital raising and principal investing businesses.
Macquarie Capital’s Software and Services group serves companies specializing in professional services, information services, supply chain management, education, telecoms, networks and digital infrastructure. Recent deals include acting as exclusive advisor to EdTech firm Interfolio, a provider of advanced faculty information solutions for higher education, on its sale to Elsevier. Macquarie Capital was also exclusive sell-side advisor to EdCast, a learning experience platform (LXP), in its acquisition by Cornerstone OnDemand, a human resources software solutions provider. Earlier this year, Macquarie was sell-side advisor to Providence Equity Partners in the sale of its portfolio company Vistage Worldwide, a CEO coaching and peer advisory organization for small and midsize businesses, to Gridiron Capital. Recent principal investments within the software, supply chain/manufacturing or ERP sectors include PayIt, Autobooks and Velosimo.
