ServiceMax, a Leader in Field Service Management SaaS, to Be Listed on Nasdaq following Business Combination with Pathfinder Acquisition Corporation

PRNewswire

Jul 15, 2021

- Transaction values ServiceMax at a pro forma enterprise value of approximately $1.4 billion

- Existing ServiceMax investors, including Silver Lake, GE, and Salesforce Ventures are retaining their entire equity ownership

- ServiceMax also announces definitive agreement to acquire LiquidFrameworks, a leading energy sector-focused mobile field operations cloud software vendor

- Gross proceeds of approximately $335 million from cash in trust from Pathfinder (co-sponsored by affiliates of HGGC and Industry Ventures) and additional strategic investments to be made immediately prior to closing by leading software companies PTC and Salesforce Ventures[1]

PR Newswire

PLEASANTON and PALO ALTO, Calif., July 15, 2021

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