Luminate Capital Names Palakshappa Principal

Sep 15 2015 | 11:25am ET

Luminate Capital Partners, a private equity firm investing in software and software-enabled services businesses in the middle-market, announced the appointment of Sanjay Palakshappa as Principal.

“We are fortunate to strengthen our team with an investment professional of Sanjay’s caliber," said Hollie Moore Haynes, Founder and Managing Partner of Luminate. "Sanjay’s knowledge and track record enhance our ability to identify compelling investment opportunities. He will be a great partner with management teams as we continue to build a strong portfolio of companies in the software sector that will deliver value to our investors.”

Palakshappa is based in San Francisco and has a wealth of experience in private equity, having most recently worked at Thoma Bravo where he helped to source, evaluate and execute investments in the software sector.

Previously he worked in investment banking at Harris Williams & Co., where he specialized in mergers & acquisitions. He graduated from Washington and Lee University with a B.A. in Economics.

“I am delighted that Sanjay is joining our team and that we have the opportunity to work together once again," said Katherine Dowling, Managing Director and COO of Luminate. "Sanjay has that rare one-two punch of razor sharp analytics plus great interpersonal skills that makes him incredibly effective in all aspects of our business.”

Luminate Capital Partners is a private equity firm focused on making control investments in middle market software and software-enabled services companies. Luminate partners with management teams to provide flexible capital in order to drive strategy, growth and operational improvements. 

Founded in 2014 by Hollie Haynes, Luminate earlier this year completed the acquisition of PDI.

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